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DEFENDANT AND CROSS-COMPLAINANT WESTERN NATIONAL CONSTRUCTION'S NOTICE OFCOMPLIANCE WITH THE CASE MANAGEMENT ORDER RE: DEPOSIT OF EXPERT FILE

P:\DOCS\Western Nat.Cilker\Discovery\CMO Discovery Responses\WNC\Ntc.Prod.Habibi Expert File.Suppl.docx

GREEN & HALL, LLPMICHAEL J. PEPEK, State Bar No. 178238

mpepek@greenhall.comSAMUEL M. DANSKIN, State Bar No. 136044

sdanskin@greenhall.comMICHAEL A. ERLINGER, State Bar No. 216877

merlinger@greenhall.com1851 East First Street, 10th FloorSanta Ana, California 92705-4052Telephone: (714) 918-7000Facsimile: (714) 918-6996

Attorneys for WESTERN NATIONALCONSTRUCTION

SUPERIOR COURT OF THE STATE OF CALIFORNIA

COUNTY OF SANTA CLARA

CILKER APARTMENTS, LLC,

Plaintiff,

vs.

WESTERN NATIONAL CONSTRUCTION,et al.,

Defendants.

CASE NO. 113CV258281

DEFENDANT AND CROSS-COMPLAINANT WESTERN NATIONALCONSTRUCTION'S NOTICE OFCOMPLIANCE WITH THE CASEMANAGEMENT ORDER RE: DEPOSIT OFSUPPLEMENTAL EXPERT FILE

DATE: June 10, 2016

JUDGE: Hon. Peter H. KirwanDEPT.: 1ACTION FILED: December 26, 2013TRIAL DATE: July 11, 2016

AND RELATED CROSS-ACTIONS

TO ALL PARTIES AND THEIR ATTORNEYS OF RECORD:

Defendant and Cross-Complainant Western National Construction (“Western”), in

compliance with the Case Management Order, has electronically deposited supplemental expert

files of Paul Habibi to the document depository, located at Aiken & Welch, 1 Kaiser Plaza, Suite

250, Street, Oakland California 94612.

Please note that Western objects to the Case Management Order to the extent it calls for

the deposit and production of documents and/or information protected by the attorney-client

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DEFENDANT AND CROSS-COMPLAINANT WESTERN NATIONAL CONSTRUCTION'S NOTICE OFCOMPLIANCE WITH THE CASE MANAGEMENT ORDER RE: DEPOSIT OF EXPERT FILE

P:\DOCS\Western Nat.Cilker\Discovery\CMO Discovery Responses\WNC\Ntc.Prod.Habibi Expert File.Suppl.docx

privilege and/or the attorney work product doctrine. Further, Western’s investigation and

discovery into the facts and circumstances involved in this matter is ongoing. To the extent such

investigation and discovery reveals information bearing upon Western’s response to the Case

Management Order, Western reserves the right to supplement and/or change its response.

Subject to and without waiving the foregoing objections, Western has produced all

relevant, responsive, non-privileged, non-publicly available documents within Western’s

possession, custody and control.

Attached as Exhibit "A" are the supplemental job files. The deposited documents are as

follows:

Bates Range Description

WNC-GA 00009-000037 Job file 6-10-16

WNC-GA 000038 Documents Relied Upon 6-10-16

DATED: June 10, 2016 GREEN & HALL, LLP

Michael A. ErlingerAttorneys for WESTERN NATIONALCONSTRUCTION

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DEFENDANT AND CROSS-COMPLAINANT WESTERN NATIONAL CONSTRUCTION'S NOTICE OFCOMPLIANCE WITH THE CASE MANAGEMENT ORDER RE: DEPOSIT OF EXPERT FILE

P:\DOCS\Western Nat.Cilker\Discovery\CMO Discovery Responses\WNC\Ntc.Prod.Habibi Expert File.Suppl.docx

EXHIBIT "A"

ConcessionsandLostIncomeSummary

DefenseScopeofRepairandScheduleConcessionsLeasing/RenewalConcessions 925,075$RelocationConcessions 72,118$One-TimeConcessionAllowance 91,000$

TotalConcessions 1,088,193$

LostIncomeLostIncomefromIncreasedVacancy 427,242$LostIncomefromVacationUnits 234,748$

TotalLostIncome 661,990$

AncillaryCostsOff-SiteVacationUnit 88,000$TenantLiaisonPayroll 95,000$VacationUnitExpenses 127,900$

TotalAncillaryCosts 310,900$

DefenseScope&Schedule-EconomicDamages 2,061,082$

PlaintiffScopewithDefensePhasingandScheduleConcessionsLeasing/RenewalConcessions 1,277,164$RelocationConcessions 210,787$One-TimeConcessionAllowance 91,000$

TotalConcessions 1,578,951$

LostIncomeLostIncomefromIncreasedVacancy 539,674$LostIncomefromVacationUnits 355,829$

TotalLostIncome 895,502$

AncillaryCostsOff-SiteVacationUnit 116,800$TenantLiaisonPayroll 120,000$On-SiteSecurityExpense 67,584$VacationUnitExpenses 178,080$

TotalAncillaryCosts 482,464$

PlaintiffScopew/DefenseSchedule 2,956,918$

Plaintiff'sDamagesCalculationandRebuttal(PlaintiffScopeandSchedule)

ChungAnalysisHabibiRebuttal

LostIncomeDuringConstruction&LeaseUp 11,610,175$ 10,128,766$LeaseUpConcessions 523,104$ 523,104$OffsetforReducedVariableExpenses -$ (1,416,311)$PlaintiffScope&Schedule-EconomicDamages 12,133,279$ 9,235,559$

WNC-GA 000009

ConcessionsProgramDefenseScopeofWork&Schedule

TotalRenewal/LeasingConcessions: 925,075$ ScheduleNotes: Assumptions:TotalRelocationConcessions: 72,118$ ElevatedWalkways 1week/unit RelocationConcessionsOne-TimeConcessionAllowance: 91,000$ PrivateBalconies 1week/unit Percentageofunitsreceivingconcessions 100%TOTALCONCESSIONS 1,088,193$ GroundFloorRepairs 1week/unit Averageconcession(%ofrent) 100%

Durationofwork(percentofonemonth) 25%TotalConstructionSchedule 19months

AverageVacancyRate 5%

One-TimeConcessionAllowance $500 perunit

RENEWAL/LEASINGCONCESSIONSMonth1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19

UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalA-101 2,338.00$ 6/30/16 - - - - - - - - - - 3,331.65 - - - - - - - - 3,331.65A-102 2,189.00$ 3/31/16 - - - - - - - 4,159.10 - - - - - - - - - - - 4,159.10A-103 2,128.00$ 4/30/16 - - - - - - - - 3,706.27 - - - - - - - - - - 3,706.27A-104 2,378.00$ 9/27/16 - 4,518.20 - - - - - - - - - - - 2,259.10 - - - - - 6,777.30A-105 2,213.00$ 2/29/16 - - - - - - 4,204.70 - - - - - - - - - - - 350.39 4,555.09A-106 2,380.00$ 2/28/17 - - - - - - 4,522.00 - - - - - - - - - - - 376.83 4,898.83A-107 2,486.00$ 9/30/16 - 4,723.40 - - - - - - - - - - - 2,361.70 - - - - - 7,085.10A-108 2,001.00$ 1/31/17 - - - - - 3,801.90 - - - - - - - - - - - 633.65 - 4,435.55A-109 2,094.00$ 9/30/16 - 3,978.60 - - - - - - - - - - - 1,989.30 - - - - - 5,967.90A-110 2,310.00$ 9/3/16 - 4,389.00 - - - - - - - - - - - 2,194.50 - - - - - 6,583.50A-111 2,343.00$ 1/1/17 - - - - - 4,451.70 - - - - - - - - - - - 741.95 - 5,193.65A-112 2,021.00$ 9/30/15 - 3,839.90 - - - - - - - - - - - 1,919.95 - - - - - 5,759.85A-201 2,653.00$ 3/26/17 - - - - - - - 5,040.70 - - - - - - - - - - - 5,040.70A-202 2,643.00$ 7/10/16 - - - - - - - - - - - 3,347.80 - - - - - - - 3,347.80A-203 2,090.00$ 1/16/17 - - - - - 3,971.00 - - - - - - - - - - - 661.83 - 4,632.83A-204 1,929.00$ 8/31/16 3,665.10 - - - - - - - - - - - 2,137.98 - - - - - - 5,803.08A-205 2,613.00$ 5/1/16 - - - - - - - - - 4,137.25 - - - - - - - - - 4,137.25A-206 2,235.00$ 7/1/16 - - - - - - - - - - - 2,831.00 - - - - - - - 2,831.00A-207 1,964.00$ 3/31/16 - - - - - - - 3,731.60 - - - - - - - - - - - 3,731.60A-208 1,919.00$ 5/31/16 - - - - - - - - - 3,038.42 - - - - - - - - - 3,038.42A-209 2,308.00$ 7/24/16 - - - - - - - - - - - 2,923.47 - - - - - - - 2,923.47A-210 2,387.00$ 4/30/16 - - - - - - - - 4,157.36 - - - - - - - - - - 4,157.36A-211 2,064.00$ 3/31/16 - - - - - - - 3,921.60 - - - - - - - - - - - 3,921.60A-212 2,384.00$ 3/31/16 - - - - - - - 4,529.60 - - - - - - - - - - - 4,529.60A-213 2,296.00$ 11/30/16 - - - 4,362.40 - - - - - - - - - - - 1,454.13 - - - 5,816.53A-214 2,265.00$ 5/1/16 - - - - - - - - - 3,586.25 - - - - - - - - - 3,586.25A-215 1,947.00$ 4/30/16 - - - - - - - - 3,391.03 - - - - - - - - - - 3,391.03A-216 2,626.00$ 9/30/16 - 4,989.40 - - - - - - - - - - - 2,494.70 - - - - - 7,484.10A-301 2,742.00$ 5/1/16 - - - - - - - - - 4,341.50 - - - - - - - - - 4,341.50A-302 2,360.00$ 9/12/16 - 4,484.00 - - - - - - - - - - - 2,242.00 - - - - - 6,726.00A-303 2,061.00$ 9/30/16 - 3,915.90 - - - - - - - - - - - 1,957.95 - - - - - 5,873.85A-304 2,582.00$ 3/31/17 - - - - - - - 4,905.80 - - - - - - - - - - - 4,905.80A-305 2,743.00$ 11/5/16 - - - 5,211.70 - - - - - - - - - - - 1,737.23 - - - 6,948.93A-306 2,308.00$ 7/31/16 - - - - - - - - - - - 2,923.47 - - - - - - - 2,923.47A-307 2,446.00$ 5/31/16 - - - - - - - - - 3,872.83 - - - - - - - - - 3,872.83A-308 2,103.00$ 6/30/16 - - - - - - - - - - 2,996.78 - - - - - - - - 2,996.78A-309 2,826.00$ 7/7/16 - - - - - - - - - - - 3,579.60 - - - - - - - 3,579.60A-310 2,160.00$ 4/8/17 - - - - - - - - 3,762.00 - - - - - - - - - - 3,762.00A-311 2,080.00$ 9/30/15 - 3,952.00 - - - - - - - - - - - 1,976.00 - - - - - 5,928.00A-312 2,733.00$ 11/3/16 - - - 5,192.70 - - - - - - - - - - - 1,730.90 - - - 6,923.60

WNC-GA 000010

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalA-313 2,147.00$ 2/7/17 - - - - - - 4,079.30 - - - - - - - - - - - 339.94 4,419.24A-314 1,996.00$ 9/30/16 - 3,792.40 - - - - - - - - - - - 1,896.20 - - - - - 5,688.60A-315 2,174.00$ 5/31/16 - - - - - - - - - 3,442.17 - - - - - - - - - 3,442.17A-316 2,578.00$ 4/30/16 - - - - - - - - 4,490.02 - - - - - - - - - - 4,490.02B-101 2,158.00$ 3/20/16 - - - - - - - 4,100.20 - - - - - - - - - - - 4,100.20B-102 2,676.00$ 10/24/16 - - 5,084.40 - - - - - - - - - - - 2,118.50 - - - - 7,202.90B-103 2,151.00$ 7/24/16 - - - - - - - - - - - 2,724.60 - - - - - - - 2,724.60B-104 2,486.00$ 8/31/16 4,723.40 - - - - - - - - - - - 2,755.32 - - - - - - 7,478.72B-105 2,308.00$ 6/30/16 - - - - - - - - - - 3,288.90 - - - - - - - - 3,288.90B-106 2,807.00$ 5/1/16 - - - - - - - - - 4,444.42 - - - - - - - - - 4,444.42B-107 3,120.00$ 8/31/16 5,928.00 - - - - - - - - - - - 3,458.00 - - - - - - 9,386.00B-108 2,387.00$ 3/18/17 - - - - - - - 4,535.30 - - - - - - - - - - - 4,535.30B-109 2,589.00$ 2/18/17 - - - - - - 4,919.10 - - - - - - - - - - - 409.93 5,329.03B-110 2,681.00$ 9/30/16 - 5,093.90 - - - - - - - - - - - 2,546.95 - - - - - 7,640.85B-111 2,265.00$ 5/1/16 - - - - - - - - - 3,586.25 - - - - - - - - - 3,586.25B-112 2,331.00$ 5/31/16 - - - - - - - - - 3,690.75 - - - - - - - - - 3,690.75B-113 2,808.00$ 10/26/16 - - 5,335.20 - - - - - - - - - - - 2,223.00 - - - - 7,558.20B-114 1,889.00$ 7/31/16 - - - - - - - - - - - 2,392.73 - - - - - - - 2,392.73B-115 2,698.00$ 4/21/17 - - - - - - - - 4,699.02 - - - - - - - - - - 4,699.02B-116 2,853.00$ 8/13/16 5,420.70 - - - - - - - - - - - 3,162.08 - - - - - - 8,582.78B-117 2,273.00$ 4/3/17 - - - - - - - - 3,958.81 - - - - - - - - - - 3,958.81B-118 2,293.00$ 1/31/16 - - - - - 4,356.70 - - - - - - - - - - - 726.12 - 5,082.82B-119 1,734.00$ 9/30/16 - 3,294.60 - - - - - - - - - - - 1,647.30 - - - - - 4,941.90B-120 1,988.00$ 6/3/16 - - - - - - - - - - 2,832.90 - - - - - - - - 2,832.90B-121 2,178.00$ 11/4/16 - - - 4,138.20 - - - - - - - - - - - 1,379.40 - - - 5,517.60B-122 2,708.00$ 9/30/16 - 5,145.20 - - - - - - - - - - - 2,572.60 - - - - - 7,717.80B-123 2,717.00$ 7/31/16 - - - - - - - - - - - 3,441.53 - - - - - - - 3,441.53B-124 3,151.00$ 9/30/16 - 5,986.90 - - - - - - - - - - - 2,993.45 - - - - - 8,980.35B-125 2,055.00$ 9/30/16 - 3,904.50 - - - - - - - - - - - 1,952.25 - - - - - 5,856.75B-126 2,213.00$ 8/16/16 4,204.70 - - - - - - - - - - - 2,452.74 - - - - - - 6,657.44B-127 2,646.00$ 9/30/16 - 5,027.40 - - - - - - - - - - - 2,513.70 - - - - - 7,541.10B-128 1,856.00$ 4/30/16 - - - - - - - - 3,232.53 - - - - - - - - - - 3,232.53B-129 2,345.00$ 5/1/16 - - - - - - - - - 3,712.92 - - - - - - - - - 3,712.92B-130 2,688.00$ 9/30/16 - 5,107.20 - - - - - - - - - - - 2,553.60 - - - - - 7,660.80B-131 -$ 6/30/2012(MODEL) - - - - - - - - - - - - - - - - - - - -B-132 2,583.00$ 6/30/16 - - - - - - - - - - 3,680.78 - - - - - - - - 3,680.78B-133 2,733.00$ 8/4/16 5,192.70 - - - - - - - - - - - 3,029.08 - - - - - - 8,221.78B-134 2,733.00$ 8/4/16 5,192.70 - - - - - - - - - - - 3,029.08 - - - - - - 8,221.78B-135 2,403.00$ 8/31/16 4,565.70 - - - - - - - - - - - 2,663.33 - - - - - - 7,229.03B-136 2,583.00$ 3/31/16 - - - - - - - 4,907.70 - - - - - - - - - - - 4,907.70B-137 2,833.00$ 11/15/16 - - - 5,382.70 - - - - - - - - - - - 1,794.23 - - - 7,176.93B-138 2,731.00$ 6/30/16 - - - - - - - - - - 3,891.68 - - - - - - - - 3,891.68B-139 2,594.00$ 9/30/16 - 4,928.60 - - - - - - - - - - - 2,464.30 - - - - - 7,392.90B-140 2,516.00$ 9/30/16 - 4,780.40 - - - - - - - - - - - 2,390.20 - - - - - 7,170.60B-141 2,733.00$ 7/31/16 - - - - - - - - - - - 3,461.80 - - - - - - - 3,461.80B-142 2,578.00$ 8/31/15 4,898.20 - - - - - - - - - - - 2,857.28 - - - - - - 7,755.48B-143 2,658.00$ 6/30/15 - - - - - - - - - - 3,787.65 - - - - - - - - 3,787.65B-144 3,170.00$ 10/21/15 - - 6,023.00 - - - - - - - - - - - 2,509.58 - - - - 8,532.58B-145 2,745.00$ 3/19/17 - - - - - - - 5,215.50 - - - - - - - - - - - 5,215.50B-201 1,866.00$ 8/31/16 3,545.40 - - - - - - - - - - - 2,068.15 - - - - - - 5,613.55B-202 2,663.00$ 7/11/16 - - - - - - - - - - - 3,373.13 - - - - - - - 3,373.13B-203 2,119.00$ 2/29/16 - - - - - - 4,026.10 - - - - - - - - - - - 335.51 4,361.61B-204 2,661.00$ 3/31/17 - - - - - - - 5,055.90 - - - - - - - - - - - 5,055.90B-205 2,348.00$ 8/9/16 4,461.20 - - - - - - - - - - - 2,602.37 - - - - - - 7,063.57

WNC-GA 000011

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-206 2,561.00$ 7/31/16 - - - - - - - - - - - 3,243.93 - - - - - - - 3,243.93B-207 3,213.00$ 10/15/16 - - 6,104.70 - - - - - - - - - - - 2,543.63 - - - - 8,648.33B-208 2,248.00$ 7/31/15 - - - - - - - - - - - 2,847.47 - - - - - - - 2,847.47B-209 2,623.00$ 6/19/16 - - - - - - - - - - 3,737.78 - - - - - - - - 3,737.78B-210 2,591.00$ 8/31/15 4,922.90 - - - - - - - - - - - 2,871.69 - - - - - - 7,794.59B-211 2,032.00$ 1/23/17 - - - - - 3,860.80 - - - - - - - - - - - 643.47 - 4,504.27B-212 2,176.00$ 6/30/15 - - - - - - - - - - 3,100.80 - - - - - - - - 3,100.80B-213 2,483.00$ 5/15/16 - - - - - - - - - 3,931.42 - - - - - - - - - 3,931.42B-214 1,925.00$ 7/31/16 - - - - - - - - - - - 2,438.33 - - - - - - - 2,438.33B-215 2,573.00$ 6/30/16 - - - - - - - - - - 3,666.53 - - - - - - - - 3,666.53B-216 2,741.00$ 2/28/17 - - - - - - 5,207.90 - - - - - - - - - - - 433.99 5,641.89B-217 2,390.00$ 8/26/16 4,541.00 - - - - - - - - - - - 2,648.92 - - - - - - 7,189.92B-218 1,906.00$ 1/1/16 - - - - - 3,621.40 - - - - - - - - - - - 603.57 - 4,224.97B-219 1,747.00$ 9/30/16 - 3,319.30 - - - - - - - - - - - 1,659.65 - - - - - 4,978.95B-220 1,958.00$ 9/11/16 - 3,720.20 - - - - - - - - - - - 1,860.10 - - - - - 5,580.30B-221 2,138.00$ 6/18/16 - - - - - - - - - - 3,046.65 - - - - - - - - 3,046.65B-222 2,358.00$ 11/30/15 - - - 4,480.20 - - - - - - - - - - - 1,493.40 - - - 5,973.60B-223 2,505.00$ 3/31/17 - - - - - - - 4,759.50 - - - - - - - - - - - 4,759.50B-224 3,293.00$ 7/24/16 - - - - - - - - - - - 4,171.13 - - - - - - - 4,171.13B-225 2,372.00$ 4/13/17 - - - - - - - - 4,131.23 - - - - - - - - - - 4,131.23B-226 1,897.00$ 7/31/16 - - - - - - - - - - - 2,402.87 - - - - - - - 2,402.87B-227 2,833.00$ 8/7/16 5,382.70 - - - - - - - - - - - 3,139.91 - - - - - - 8,522.61B-228 1,937.00$ 1/3/17 - - - - - 3,680.30 - - - - - - - - - - - 613.38 - 4,293.68B-229 2,024.00$ 4/30/16 - - - - - - - - 3,525.13 - - - - - - - - - - 3,525.13B-230 2,541.00$ 5/31/16 - - - - - - - - - 4,023.25 - - - - - - - - - 4,023.25B-231 2,623.00$ 5/8/16 - - - - - - - - - 4,153.08 - - - - - - - - - 4,153.08B-232 2,623.00$ 4/19/16 - - - - - - - - 4,568.39 - - - - - - - - - - 4,568.39B-233 2,446.00$ 5/31/16 - - - - - - - - - 3,872.83 - - - - - - - - - 3,872.83B-234 2,562.00$ 9/22/16 - 4,867.80 - - - - - - - - - - - 2,433.90 - - - - - 7,301.70B-235 2,875.00$ 10/31/16 - - 5,462.50 - - - - - - - - - - - 2,276.04 - - - - 7,738.54B-236 2,623.00$ 4/20/16 - - - - - - - - 4,568.39 - - - - - - - - - - 4,568.39B-237 2,405.00$ 5/31/16 - - - - - - - - - 3,807.92 - - - - - - - - - 3,807.92B-238 2,623.00$ 5/11/16 - - - - - - - - - 4,153.08 - - - - - - - - - 4,153.08B-239 2,608.00$ 9/30/16 - 4,955.20 - - - - - - - - - - - 2,477.60 - - - - - 7,432.80B-240 2,627.00$ 3/31/17 - - - - - - - 4,991.30 - - - - - - - - - - - 4,991.30B-241 2,589.00$ 3/5/17 - - - - - - - 4,919.10 - - - - - - - - - - - 4,919.10B-242 2,823.00$ 6/12/16 - - - - - - - - - - 4,022.78 - - - - - - - - 4,022.78B-243 2,806.00$ 3/31/16 - - - - - - - 5,331.40 - - - - - - - - - - - 5,331.40B-244 2,538.00$ 5/31/16 - - - - - - - - - 4,018.50 - - - - - - - - - 4,018.50B-245 2,701.00$ 8/31/16 5,131.90 - - - - - - - - - - - 2,993.61 - - - - - - 8,125.51B-301 2,443.00$ 8/31/16 4,641.70 - - - - - - - - - - - 2,707.66 - - - - - - 7,349.36B-302 2,816.00$ 8/31/16 5,350.40 - - - - - - - - - - - 3,121.07 - - - - - - 8,471.47B-303 2,186.00$ 5/31/16 - - - - - - - - - 3,461.17 - - - - - - - - - 3,461.17B-304 2,918.00$ 7/7/16 - - - - - - - - - - - 3,696.13 - - - - - - - 3,696.13B-305 2,738.00$ 7/17/16 - - - - - - - - - - - 3,468.13 - - - - - - - 3,468.13B-306 2,783.00$ 5/8/16 - - - - - - - - - 4,406.42 - - - - - - - - - 4,406.42B-307 3,233.00$ 8/16/16 6,142.70 - - - - - - - - - - - 3,583.24 - - - - - - 9,725.94B-308 2,142.00$ 7/31/16 - - - - - - - - - - - 2,713.20 - - - - - - - 2,713.20B-309 2,884.00$ 3/31/17 - - - - - - - 5,479.60 - - - - - - - - - - - 5,479.60B-310 2,938.00$ 6/7/16 - - - - - - - - - - 4,186.65 - - - - - - - - 4,186.65B-311 2,316.00$ 6/30/16 - - - - - - - - - - 3,300.30 - - - - - - - - 3,300.30B-312 2,544.00$ 3/27/17 - - - - - - - 4,833.60 - - - - - - - - - - - 4,833.60B-313 2,768.00$ 6/30/16 - - - - - - - - - - 3,944.40 - - - - - - - - 3,944.40B-314 2,186.00$ 11/30/15 - - - 4,153.40 - - - - - - - - - - - 1,384.47 - - - 5,537.87

WNC-GA 000012

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-315 3,001.00$ 3/31/17 - - - - - - - 5,701.90 - - - - - - - - - - - 5,701.90B-316 3,023.00$ 6/26/16 - - - - - - - - - - 4,307.78 - - - - - - - - 4,307.78B-317 2,170.00$ 5/31/16 - - - - - - - - - 3,435.83 - - - - - - - - - 3,435.83B-318 2,341.00$ 10/31/15 - - 4,447.90 - - - - - - - - - - - 1,853.29 - - - - 6,301.19B-319 2,293.00$ 8/21/16 4,356.70 - - - - - - - - - - - 2,541.41 - - - - - - 6,898.11B-320 1,823.00$ 4/30/16 - - - - - - - - 3,175.06 - - - - - - - - - - 3,175.06B-321 1,922.00$ 8/31/16 3,651.80 - - - - - - - - - - - 2,130.22 - - - - - - 5,782.02B-322 1,708.00$ 4/30/16 - - - - - - - - 2,974.77 - - - - - - - - - - 2,974.77B-323 2,783.00$ 11/24/16 - - - 5,287.70 - - - - - - - - - - - 1,762.57 - - - 7,050.27B-324 2,007.00$ 10/31/15 - - 3,813.30 - - - - - - - - - - - 1,588.88 - - - - 5,402.18B-325 2,701.00$ 11/30/16 - - - 5,131.90 - - - - - - - - - - - 1,710.63 - - - 6,842.53B-326 3,103.00$ 7/31/16 - - - - - - - - - - - 3,930.47 - - - - - - - 3,930.47B-327 2,268.00$ 5/15/16 - - - - - - - - - 3,591.00 - - - - - - - - - 3,591.00B-328 1,911.00$ 3/6/17 - - - - - - - 3,630.90 - - - - - - - - - - - 3,630.90B-329 2,798.00$ 5/7/16 - - - - - - - - - 4,430.17 - - - - - - - - - 4,430.17B-330 1,819.00$ 7/31/16 - - - - - - - - - - - 2,304.07 - - - - - - - 2,304.07B-331 2,218.00$ 3/31/16 - - - - - - - 4,214.20 - - - - - - - - - - - 4,214.20B-332 2,702.00$ 8/31/16 5,133.80 - - - - - - - - - - - 2,994.72 - - - - - - 8,128.52B-333 2,553.00$ 8/27/16 4,850.70 - - - - - - - - - - - 2,829.58 - - - - - - 7,680.28B-334 2,776.00$ 4/30/16 - - - - - - - - 4,834.87 - - - - - - - - - - 4,834.87B-335 2,993.00$ 2/18/17 - - - - - - 5,686.70 - - - - - - - - - - - 473.89 6,160.59B-336 2,804.00$ 1/25/17 - - - - - 5,327.60 - - - - - - - - - - - 887.93 - 6,215.53B-337 3,022.00$ 3/31/17 - - - - - - - 5,741.80 - - - - - - - - - - - 5,741.80B-338 2,911.00$ 3/31/17 - - - - - - - 5,530.90 - - - - - - - - - - - 5,530.90B-339 2,753.00$ 31-Jul - - - - - - - - - - - 3,487.13 - - - - - - - 3,487.13B-340 3,003.00$ 7/30/16 - - - - - - - - - - - 3,803.80 - - - - - - - 3,803.80B-341 2,951.00$ 2/5/17 - - - - - - 5,606.90 - - - - - - - - - - - 467.24 6,074.14B-342 2,668.00$ 8/31/16 5,069.20 - - - - - - - - - - - 2,957.03 - - - - - - 8,026.23B-343 2,968.00$ 4/30/16 - - - - - - - - 5,169.27 - - - - - - - - - - 5,169.27B-344 2,798.00$ 10/15/16 - - 5,316.20 - - - - - - - - - - - 2,215.08 - - - - 7,531.28B-345 2,633.00$ 4/30/16 - - - - - - - - 4,585.81 - - - - - - - - - - 4,585.81B-346 2,783.00$ 3/31/17 - - - - - - - 5,287.70 - - - - - - - - - - - 5,287.70B-347 -$ 8/4/11(Manager) - - - - - - - - - - - - - - - - - - - -B-348 2,578.00$ 9/30/16 - 4,898.20 - - - - - - - - - - - 2,449.10 - - - - - 7,347.30Total 110,973.30 107,612.20 41,587.20 43,340.90 - 33,071.40 38,252.70 110,524.90 68,929.94 85,137.42 57,123.98 69,505.80 64,734.43 53,806.10 17,328.00 14,446.97 - 5,511.90 3,187.73 925,074.85

RELOCATIONCONCESSIONS

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 CountA-101 2,338.00$ 0A-102 2,189.00$ 0A-103 2,128.00$ 0A-104 2,378.00$ 0A-105 2,213.00$ 0A-106 2,380.00$ 0A-107 2,486.00$ 0A-108 2,001.00$ 0A-109 2,094.00$ 0A-110 2,310.00$ 0A-111 2,343.00$ 0A-112 2,021.00$ 0A-201 2,653.00$ x 1A-202 2,643.00$ x 1

WNC-GA 000013

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalA-203 2,090.00$ x 1A-204 1,929.00$ x 1A-205 2,613.00$ x 1A-206 2,235.00$ x 1A-207 1,964.00$ x 1A-208 1,919.00$ x 1A-209 2,308.00$ x 1A-210 2,387.00$ x 1A-211 2,064.00$ x 1A-212 2,384.00$ x 1A-213 2,296.00$ x 1A-214 2,265.00$ x 1A-215 1,947.00$ x 1A-216 2,626.00$ x 1A-301 2,742.00$ x 1A-302 2,360.00$ x 1A-303 2,061.00$ x 1A-304 2,582.00$ 0A-305 2,743.00$ x 1A-306 2,308.00$ x 1A-307 2,446.00$ x 1A-308 2,103.00$ x 1A-309 2,826.00$ x 1A-310 2,160.00$ x 1A-311 2,080.00$ x 1A-312 2,733.00$ x 1A-313 2,147.00$ x 1A-314 1,996.00$ x 1A-315 2,174.00$ x 1A-316 2,578.00$ x 1B-101 2,158.00$ 0B-102 2,676.00$ 0B-103 2,151.00$ 0B-104 2,486.00$ 0B-105 2,308.00$ 0B-106 2,807.00$ 0B-107 3,120.00$ 0B-108 2,387.00$ 0B-109 2,589.00$ 0B-110 2,681.00$ 0B-111 2,265.00$ 0B-112 2,331.00$ 0B-113 2,808.00$ 0B-114 1,889.00$ 0B-115 2,698.00$ 0B-116 2,853.00$ 0B-117 2,273.00$ 0B-118 2,293.00$ 0B-119 1,734.00$ 0B-120 1,988.00$ 0B-121 2,178.00$ 0B-122 2,708.00$ 0B-123 2,717.00$ 0B-124 3,151.00$ 0

WNC-GA 000014

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-125 2,055.00$ 0B-126 2,213.00$ 0B-127 2,646.00$ 0B-128 1,856.00$ 0B-129 2,345.00$ 0B-130 2,688.00$ 0B-131 -$ 0B-132 2,583.00$ 0B-133 2,733.00$ 0B-134 2,733.00$ 0B-135 2,403.00$ 0B-136 2,583.00$ 0B-137 2,833.00$ 0B-138 2,731.00$ 0B-139 2,594.00$ 0B-140 2,516.00$ 0B-141 2,733.00$ 0B-142 2,578.00$ 0B-143 2,658.00$ 0B-144 3,170.00$ 0B-145 2,745.00$ 0B-201 1,866.00$ x 1B-202 2,663.00$ x 1B-203 2,119.00$ x 1B-204 2,661.00$ x 1B-205 2,348.00$ x 1B-206 2,561.00$ x 1B-207 3,213.00$ x 1B-208 2,248.00$ x 1B-209 2,623.00$ x 1B-210 2,591.00$ x 1B-211 2,032.00$ x 1B-212 2,176.00$ x 1B-213 2,483.00$ x 1B-214 1,925.00$ x 1B-215 2,573.00$ x 1B-216 2,741.00$ x 1B-217 2,390.00$ x 1B-218 1,906.00$ x 1B-219 1,747.00$ x 1B-220 1,958.00$ x 1B-221 2,138.00$ x 1B-222 2,358.00$ x 1B-223 2,505.00$ x 1B-224 3,293.00$ x 1B-225 2,372.00$ x 1B-226 1,897.00$ x 1B-227 2,833.00$ x 1B-228 1,937.00$ x 1B-229 2,024.00$ x 1B-230 2,541.00$ x 1B-231 2,623.00$ x 1B-232 2,623.00$ x 1B-233 2,446.00$ x 1

WNC-GA 000015

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-234 2,562.00$ x 1B-235 2,875.00$ x 1B-236 2,623.00$ x 1B-237 2,405.00$ x 1B-238 2,623.00$ x 1B-239 2,608.00$ x 1B-240 2,627.00$ x 1B-241 2,589.00$ x 1B-242 2,823.00$ x 1B-243 2,806.00$ x 1B-244 2,538.00$ x 1B-245 2,701.00$ x 1B-301 2,443.00$ x 1B-302 2,816.00$ x 1B-303 2,186.00$ x 1B-304 2,918.00$ x 1B-305 2,738.00$ x 1B-306 2,783.00$ x 1B-307 3,233.00$ x 1B-308 2,142.00$ x 1B-309 2,884.00$ x 1B-310 2,938.00$ x 1B-311 2,316.00$ x 1B-312 2,544.00$ x 1B-313 2,768.00$ x 1B-314 2,186.00$ x 1B-315 3,001.00$ x 1B-316 3,023.00$ x 1B-317 2,170.00$ x 1B-318 2,341.00$ x 1B-319 2,293.00$ x 1B-320 1,823.00$ x 1B-321 1,922.00$ x 1B-322 1,708.00$ x 1B-323 2,783.00$ x 1B-324 2,007.00$ x 1B-325 2,701.00$ x 1B-326 3,103.00$ x 1B-327 2,268.00$ x 1B-328 1,911.00$ x 1B-329 2,798.00$ x 1B-330 1,819.00$ x 1B-331 2,218.00$ x 1B-332 2,702.00$ x 1B-333 2,553.00$ x 1B-334 2,776.00$ x 1B-335 2,993.00$ x 1B-336 2,804.00$ x 1B-337 3,022.00$ x 1B-338 2,911.00$ x 1B-339 2,753.00$ x 1B-340 3,003.00$ x 1B-341 2,951.00$ x 1B-342 2,668.00$ x 1

WNC-GA 000016

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-343 2,968.00$ x 1B-344 2,798.00$ x 1B-345 2,633.00$ x 1B-346 2,783.00$ x 1B-347 -$ x 1B-348 2,578.00$ x 1

UnitNumber TotalCharges Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 TotalA-101 2,338.00$ - - - - - - - - - - - - - - - - - - - -A-102 2,189.00$ - - - - - - - - - - - - - - - - - - - -A-103 2,128.00$ - - - - - - - - - - - - - - - - - - - -A-104 2,378.00$ - - - - - - - - - - - - - - - - - - - -A-105 2,213.00$ - - - - - - - - - - - - - - - - - - - -A-106 2,380.00$ - - - - - - - - - - - - - - - - - - - -A-107 2,486.00$ - - - - - - - - - - - - - - - - - - - -A-108 2,001.00$ - - - - - - - - - - - - - - - - - - - -A-109 2,094.00$ - - - - - - - - - - - - - - - - - - - -A-110 2,310.00$ - - - - - - - - - - - - - - - - - - - -A-111 2,343.00$ - - - - - - - - - - - - - - - - - - - -A-112 2,021.00$ - - - - - - - - - - - - - - - - - - - -A-201 2,653.00$ 630.09 - - - - - - - - - - - - - - - - - - 630.09A-202 2,643.00$ 627.71 - - - - - - - - - - - - - - - - - - 627.71A-203 2,090.00$ - 496.38 - - - - - - - - - - - - - - - - - 496.38A-204 1,929.00$ - 458.14 - - - - - - - - - - - - - - - - - 458.14A-205 2,613.00$ - 620.59 - - - - - - - - - - - - - - - - - 620.59A-206 2,235.00$ - 530.81 - - - - - - - - - - - - - - - - - 530.81A-207 1,964.00$ - 466.45 - - - - - - - - - - - - - - - - - 466.45A-208 1,919.00$ - - 455.76 - - - - - - - - - - - - - - - - 455.76A-209 2,308.00$ - - 548.15 - - - - - - - - - - - - - - - - 548.15A-210 2,387.00$ - - 566.91 - - - - - - - - - - - - - - - - 566.91A-211 2,064.00$ - - 490.20 - - - - - - - - - - - - - - - - 490.20A-212 2,384.00$ - - - 566.20 - - - - - - - - - - - - - - - 566.20A-213 2,296.00$ - - - 545.30 - - - - - - - - - - - - - - - 545.30A-214 2,265.00$ - - - 537.94 - - - - - - - - - - - - - - - 537.94A-215 1,947.00$ - - - 462.41 - - - - - - - - - - - - - - - 462.41A-216 2,626.00$ 623.68 - - - - - - - - - - - - - - - - - - 623.68A-301 2,742.00$ 651.23 - - - - - - - - - - - - - - - - - - 651.23A-302 2,360.00$ 560.50 - - - - - - - - - - - - - - - - - - 560.50A-303 2,061.00$ 489.49 - - - - - - - - - - - - - - - - - - 489.49A-304 2,582.00$ - - - - - - - - - - - - - - - - - - - -A-305 2,743.00$ 651.46 - - - - - - - - - - - - - - - - - - 651.46A-306 2,308.00$ 548.15 - - - - - - - - - - - - - - - - - - 548.15A-307 2,446.00$ - 580.93 - - - - - - - - - - - - - - - - - 580.93A-308 2,103.00$ - 499.46 - - - - - - - - - - - - - - - - - 499.46A-309 2,826.00$ - - 671.18 - - - - - - - - - - - - - - - - 671.18A-310 2,160.00$ - - 513.00 - - - - - - - - - - - - - - - - 513.00A-311 2,080.00$ - - 494.00 - - - - - - - - - - - - - - - - 494.00A-312 2,733.00$ - - 649.09 - - - - - - - - - - - - - - - - 649.09A-313 2,147.00$ - - 509.91 - - - - - - - - - - - - - - - - 509.91A-314 1,996.00$ - - 474.05 - - - - - - - - - - - - - - - - 474.05A-315 2,174.00$ - - - 516.33 - - - - - - - - - - - - - - - 516.33A-316 2,578.00$ - - - 612.28 - - - - - - - - - - - - - - - 612.28B-101 2,158.00$ - - - - - - - - - - - - - - - - - - - -B-102 2,676.00$ - - - - - - - - - - - - - - - - - - - -

WNC-GA 000017

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-103 2,151.00$ - - - - - - - - - - - - - - - - - - - -B-104 2,486.00$ - - - - - - - - - - - - - - - - - - - -B-105 2,308.00$ - - - - - - - - - - - - - - - - - - - -B-106 2,807.00$ - - - - - - - - - - - - - - - - - - - -B-107 3,120.00$ - - - - - - - - - - - - - - - - - - - -B-108 2,387.00$ - - - - - - - - - - - - - - - - - - - -B-109 2,589.00$ - - - - - - - - - - - - - - - - - - - -B-110 2,681.00$ - - - - - - - - - - - - - - - - - - - -B-111 2,265.00$ - - - - - - - - - - - - - - - - - - - -B-112 2,331.00$ - - - - - - - - - - - - - - - - - - - -B-113 2,808.00$ - - - - - - - - - - - - - - - - - - - -B-114 1,889.00$ - - - - - - - - - - - - - - - - - - - -B-115 2,698.00$ - - - - - - - - - - - - - - - - - - - -B-116 2,853.00$ - - - - - - - - - - - - - - - - - - - -B-117 2,273.00$ - - - - - - - - - - - - - - - - - - - -B-118 2,293.00$ - - - - - - - - - - - - - - - - - - - -B-119 1,734.00$ - - - - - - - - - - - - - - - - - - - -B-120 1,988.00$ - - - - - - - - - - - - - - - - - - - -B-121 2,178.00$ - - - - - - - - - - - - - - - - - - - -B-122 2,708.00$ - - - - - - - - - - - - - - - - - - - -B-123 2,717.00$ - - - - - - - - - - - - - - - - - - - -B-124 3,151.00$ - - - - - - - - - - - - - - - - - - - -B-125 2,055.00$ - - - - - - - - - - - - - - - - - - - -B-126 2,213.00$ - - - - - - - - - - - - - - - - - - - -B-127 2,646.00$ - - - - - - - - - - - - - - - - - - - -B-128 1,856.00$ - - - - - - - - - - - - - - - - - - - -B-129 2,345.00$ - - - - - - - - - - - - - - - - - - - -B-130 2,688.00$ - - - - - - - - - - - - - - - - - - - -B-131 -$ - - - - - - - - - - - - - - - - - - - -B-132 2,583.00$ - - - - - - - - - - - - - - - - - - - -B-133 2,733.00$ - - - - - - - - - - - - - - - - - - - -B-134 2,733.00$ - - - - - - - - - - - - - - - - - - - -B-135 2,403.00$ - - - - - - - - - - - - - - - - - - - -B-136 2,583.00$ - - - - - - - - - - - - - - - - - - - -B-137 2,833.00$ - - - - - - - - - - - - - - - - - - - -B-138 2,731.00$ - - - - - - - - - - - - - - - - - - - -B-139 2,594.00$ - - - - - - - - - - - - - - - - - - - -B-140 2,516.00$ - - - - - - - - - - - - - - - - - - - -B-141 2,733.00$ - - - - - - - - - - - - - - - - - - - -B-142 2,578.00$ - - - - - - - - - - - - - - - - - - - -B-143 2,658.00$ - - - - - - - - - - - - - - - - - - - -B-144 3,170.00$ - - - - - - - - - - - - - - - - - - - -B-145 2,745.00$ - - - - - - - - - - - - - - - - - - - -B-201 1,866.00$ - - - - - - 443.18 - - - - - - - - - - - - 443.18B-202 2,663.00$ - - - - - - 632.46 - - - - - - - - - - - - 632.46B-203 2,119.00$ - - - - - - 503.26 - - - - - - - - - - - - 503.26B-204 2,661.00$ - - - - - - 631.99 - - - - - - - - - - - - 631.99B-205 2,348.00$ - - - - - - 557.65 - - - - - - - - - - - - 557.65B-206 2,561.00$ - - - - - - - 608.24 - - - - - - - - - - - 608.24B-207 3,213.00$ - - - - - - - 763.09 - - - - - - - - - - - 763.09B-208 2,248.00$ - - - - - - - 533.90 - - - - - - - - - - - 533.90B-209 2,623.00$ - - - - - - - 622.96 - - - - - - - - - - - 622.96B-210 2,591.00$ - - - - - - - 615.36 - - - - - - - - - - - 615.36B-211 2,032.00$ - - - - - - - 482.60 - - - - - - - - - - - 482.60

WNC-GA 000018

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-212 2,176.00$ - - - - - - - 516.80 - - - - - - - - - - - 516.80B-213 2,483.00$ - - - - - - - 589.71 - - - - - - - - - - - 589.71B-214 1,925.00$ - - - - - - - 457.19 - - - - - - - - - - - 457.19B-215 2,573.00$ - - - - - - - - 611.09 - - - - - - - - - - 611.09B-216 2,741.00$ - - - - - - - - 650.99 - - - - - - - - - - 650.99B-217 2,390.00$ - - - - - - - - 567.63 - - - - - - - - - - 567.63B-218 1,906.00$ - - - - - - - - 452.68 - - - - - - - - - - 452.68B-219 1,747.00$ - - - - - - - - 414.91 - - - - - - - - - - 414.91B-220 1,958.00$ - - - - - - - - 465.03 - - - - - - - - - - 465.03B-221 2,138.00$ - - - - - - - - 507.78 - - - - - - - - - - 507.78B-222 2,358.00$ - - - - - - - - - - 560.03 - - - - - - - - 560.03B-223 2,505.00$ - - - - - - - - - - 594.94 - - - - - - - - 594.94B-224 3,293.00$ - - - - - - - - - - - 782.09 - - - - - - - 782.09B-225 2,372.00$ - - - - - - - - - - - 563.35 - - - - - - - 563.35B-226 1,897.00$ - - - - - - - - - - - 450.54 - - - - - - - 450.54B-227 2,833.00$ - - - - - - - - - - - 672.84 - - - - - - - 672.84B-228 1,937.00$ - - - - - - - - - - - 460.04 - - - - - - - 460.04B-229 2,024.00$ - - - - - - - - - - - 480.70 - - - - - - - 480.70B-230 2,541.00$ - - - - - - - - - - - - 603.49 - - - - - - 603.49B-231 2,623.00$ - - - - - - - - - - - - 622.96 - - - - - - 622.96B-232 2,623.00$ - - - - - - - - - - 622.96 - - - - - - - - 622.96B-233 2,446.00$ - - - - - - - - - - 580.93 - - - - - - - - 580.93B-234 2,562.00$ - - - - - - - - - - 608.48 - - - - - - - - 608.48B-235 2,875.00$ - - - - - - - - - 682.81 - - - - - - - - - 682.81B-236 2,623.00$ - - - - - - - - - 622.96 - - - - - - - - - 622.96B-237 2,405.00$ - - - - - - - - - 571.19 - - - - - - - - - 571.19B-238 2,623.00$ - - - - - - - - - 622.96 - - - - - - - - - 622.96B-239 2,608.00$ - - - - - - - - - 619.40 - - - - - - - - - 619.40B-240 2,627.00$ - - - - - - - - - 623.91 - - - - - - - - - 623.91B-241 2,589.00$ - - - - - - - - - 614.89 - - - - - - - - - 614.89B-242 2,823.00$ - - - - - - - - 670.46 - - - - - - - - - - 670.46B-243 2,806.00$ - - - - - - - - 666.43 - - - - - - - - - - 666.43B-244 2,538.00$ - - - - - - - - 602.78 - - - - - - - - - - 602.78B-245 2,701.00$ - - - - - - - - 641.49 - - - - - - - - - - 641.49B-301 2,443.00$ - - - - - - 580.21 - - - - - - - - - - - - 580.21B-302 2,816.00$ - - - - - - 668.80 - - - - - - - - - - - - 668.80B-303 2,186.00$ - - - - - - 519.18 - - - - - - - - - - - - 519.18B-304 2,918.00$ - - - - - - 693.03 - - - - - - - - - - - - 693.03B-305 2,738.00$ - - - - - - 650.28 - - - - - - - - - - - - 650.28B-306 2,783.00$ - - - - - - 660.96 - - - - - - - - - - - - 660.96B-307 3,233.00$ - - - - - - 767.84 - - - - - - - - - - - - 767.84B-308 2,142.00$ - - - - - - 508.73 - - - - - - - - - - - - 508.73B-309 2,884.00$ - - - - - - 684.95 - - - - - - - - - - - - 684.95B-310 2,938.00$ - - - - - - 697.78 - - - - - - - - - - - - 697.78B-311 2,316.00$ - - - - - - - 550.05 - - - - - - - - - - - 550.05B-312 2,544.00$ - - - - - - - 604.20 - - - - - - - - - - - 604.20B-313 2,768.00$ - - - - - - - 657.40 - - - - - - - - - - - 657.40B-314 2,186.00$ - - - - - - - 519.18 - - - - - - - - - - - 519.18B-315 3,001.00$ - - - - - - - - 712.74 - - - - - - - - - - 712.74B-316 3,023.00$ - - - - - - - - 717.96 - - - - - - - - - - 717.96B-317 2,170.00$ - - - - - - - - 515.38 - - - - - - - - - - 515.38B-318 2,341.00$ - - - - - - - - 555.99 - - - - - - - - - - 555.99B-319 2,293.00$ - - - - - - - - 544.59 - - - - - - - - - - 544.59B-320 1,823.00$ - - - - - - - - 432.96 - - - - - - - - - - 432.96

WNC-GA 000019

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 TotalB-321 1,922.00$ - - - - - - - - 456.48 - - - - - - - - - - 456.48B-322 1,708.00$ - - - - - - - - 405.65 - - - - - - - - - - 405.65B-323 2,783.00$ - - - - - - - - - - 660.96 - - - - - - - - 660.96B-324 2,007.00$ - - - - - - - - - - 476.66 - - - - - - - - 476.66B-325 2,701.00$ - - - - - - - - - - 641.49 - - - - - - - - 641.49B-326 3,103.00$ - - - - - - - - - - - 736.96 - - - - - - - 736.96B-327 2,268.00$ - - - - - - - - - - - 538.65 - - - - - - - 538.65B-328 1,911.00$ - - - - - - - - - - - 453.86 - - - - - - - 453.86B-329 2,798.00$ - - - - - - - - - - - 664.53 - - - - - - - 664.53B-330 1,819.00$ - - - - - - - - - - - 432.01 - - - - - - - 432.01B-331 2,218.00$ - - - - - - - - - - - 526.78 - - - - - - - 526.78B-332 2,702.00$ - - - - - - - - - - - - 641.73 - - - - - - 641.73B-333 2,553.00$ - - - - - - - - - - - - 606.34 - - - - - - 606.34B-334 2,776.00$ - - - - - - - - - - - - 659.30 - - - - - - 659.30B-335 2,993.00$ - - - - - - - - - - 710.84 - - - - - - - - 710.84B-336 2,804.00$ - - - - - - - - - - 665.95 - - - - - - - - 665.95B-337 3,022.00$ - - - - - - - - - - 717.73 - - - - - - - - 717.73B-338 2,911.00$ - - - - - - - - - 691.36 - - - - - - - - - 691.36B-339 2,753.00$ - - - - - - - - - 653.84 - - - - - - - - - 653.84B-340 3,003.00$ - - - - - - - - - 713.21 - - - - - - - - - 713.21B-341 2,951.00$ - - - - - - - - - 700.86 - - - - - - - - - 700.86B-342 2,668.00$ - - - - - - - - - 633.65 - - - - - - - - - 633.65B-343 2,968.00$ - - - - - - - - - 704.90 - - - - - - - - - 704.90B-344 2,798.00$ - - - - - - - - - 664.53 - - - - - - - - - 664.53B-345 2,633.00$ - - - - - - - 625.34 - - - - - - - - - - - 625.34B-346 2,783.00$ - - - - - - - 660.96 - - - - - - - - - - - 660.96B-347 -$ - - - - - - - - - - - - - - - - - - - -B-348 2,578.00$ - - - - - - - 612.28 - - - - - - - - - - - 612.28TotalRelocationConcessions 4,782.30 3,652.75 5,372.25 3,240.45 - - 9,200.28 9,419.25 10,592.98 9,120.48 6,840.95 6,762.34 3,133.81 - - - - - - 72,117.83

WNC-GA 000020

LostIncomeandAncillaryCostsScenario1-DefenseScopeofWork&Schedule

LostIncomeCalculationsLostRentfromIncreasedVacancyScheduledGrossRents(April) 449,728$ScheduledGrossRentperUnit 2,471$HistoricalAvgVacancy 5%ModelRent 2,833$ManagerUnitRent 3,133$AverageEGI 421,276$

VacancyRateDuringConstruction 10%AverageEGIDuringConstruction 398,789$Deltaduetoconstruction (22,486.40)$ConstructionDuration 19months

LostRentfromIncreasedVacancy 427,242$

LostRentfromVacationUnitsNumberofVacationUnits 5ConstructionDuration 19monthsAverageRentperVacationUnit 2,471$

TotalRentforVacationUnits 234,748$

AncillaryCostsHotelRoomforOff-SiteVacationUnitAverageDailyRate 160$ConstructionStartDate 8/1/16ConstructionCompleteDate 2/2/18TotalDaysRequired 550

TotalHotelCost 88,000$

TenantLiaisonPayrollLiaisonMonthlySalary 5,000$ConstructionDuration 19months

TotalLiaisonPayroll 95,000$

VacationUnitExpensesNumberofVacationUnits 5Furniture/Décor(one-time) 10,000$CleaningExpense(weekly) 205$

TotalVacationUnitExpenses 127,900$

Notes:(1)Actualtotalrent+additionalfeesusedforoccupiedunits.Forvacantunits,usedmarketrent(2)Averagenightlyratefromwww.sanjose.org/hotels

WNC-GA 000021

ConcessionsProgramPlaintiff'sScopeofWorkw/DefenseSchedule

TotalRenewal/LeasingConcessions: 1,277,164$ ScheduleNotes: Assumptions:TotalRelocationConcessions 210,787$ 2/3FloorUnits 2weeks/unit Percentageofunitsreceivingconcessions 100%One-TimeConcessionAllowance: 91,000$ 1stFloorUnits 2weeks/unit Averageconcession(%ofrent) 100%TOTALCONCESSIONS 1,578,951$ Durationofwork(percentofonemonth) 50%

TotalSchedule 24months AverageVacancyRate 5%

One-TimeConcessionAllowance $500 perunit

RENEWAL/LEASINGCONCESSIONS

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalA-101 2,338.00$ 6/30/16 - - - - - - - - - - 4,442.20 - - - - - - - - - - - 740.37 - 5,182.57A-102 2,189.00$ 3/31/16 - - - - - - - 4,159.10 - - - - - - - - - - - 1,732.96 - - - - 5,892.06A-103 2,128.00$ 4/30/16 - - - - - - - - 4,043.20 - - - - - - - - - - - 1,347.73 - - - 5,390.93A-104 2,378.00$ 9/27/16 - 4,518.20 - - - - - - - - - - - 4,141.68 - - - - - - - - - - 8,659.88A-105 2,213.00$ 2/29/16 - - - - - - 4,204.70 - - - - - - - - - - - 2,102.35 - - - - - 6,307.05A-106 2,380.00$ 2/28/17 - - - - - - 4,522.00 - - - - - - - - - - - 2,261.00 - - - - - 6,783.00A-107 2,486.00$ 9/30/16 - 4,723.40 - - - - - - - - - - - 4,329.78 - - - - - - - - - - 9,053.18A-108 2,001.00$ 1/31/17 - - - - - 3,801.90 - - - - - - - - - - - 2,217.78 - - - - - - 6,019.68A-109 2,094.00$ 9/30/16 - 3,978.60 - - - - - - - - - - - 3,647.05 - - - - - - - - - - 7,625.65A-110 2,310.00$ 9/3/16 - 4,389.00 - - - - - - - - - - - 4,023.25 - - - - - - - - - - 8,412.25A-111 2,343.00$ 1/1/17 - - - - - 4,451.70 - - - - - - - - - - - 2,596.83 - - - - - - 7,048.53A-112 2,021.00$ 9/30/15 - 3,839.90 - - - - - - - - - - - 3,519.91 - - - - - - - - - - 7,359.81A-201 2,653.00$ 3/26/17 - - - - - - - 5,040.70 - - - - - - - - - - - 2,100.29 - - - - 7,140.99A-202 2,643.00$ 7/10/16 - - - - - - - - - - - 5,021.70 - - - - - - - - - - - 418.48 5,440.18A-203 2,090.00$ 1/16/17 - - - - - 3,971.00 - - - - - - - - - - - 2,316.42 - - - - - - 6,287.42A-204 1,929.00$ 8/31/16 3,665.10 - - - - - - - - - - - 3,665.10 - - - - - - - - - - - 7,330.20A-205 2,613.00$ 7/31/16 - - - - - - - - - - - 4,964.70 - - - - - - - - - - - 413.73 5,378.43A-206 2,613.00$ 5/1/16 - - - - - - - - - 4,964.70 - - - - - - - - - - - 1,241.18 - - 6,205.88A-207 1,964.00$ 3/31/16 - - - - - - - 3,731.60 - - - - - - - - - - - 1,554.83 - - - - 5,286.43A-208 1,919.00$ 5/31/16 - - - - - - - - - 3,646.10 - - - - - - - - - - - 911.53 - - 4,557.63A-209 2,308.00$ 7/24/16 - - - - - - - - - - - 4,385.20 - - - - - - - - - - - 365.43 4,750.63A-210 2,387.00$ 4/30/16 - - - - - - - - 4,535.30 - - - - - - - - - - - 1,511.77 - - - 6,047.07A-211 2,064.00$ 3/31/16 - - - - - - - 3,921.60 - - - - - - - - - - - 1,634.00 - - - - 5,555.60A-212 2,384.00$ 3/31/16 - - - - - - - 4,529.60 - - - - - - - - - - - 1,887.33 - - - - 6,416.93A-213 2,296.00$ 11/30/16 - - - 4,362.40 - - - - - - - - - - - 3,271.80 - - - - - - - - 7,634.20A-214 2,265.00$ 5/1/16 - - - - - - - - - 4,303.50 - - - - - - - - - - - 1,075.88 - - 5,379.38A-215 1,947.00$ 4/30/16 - - - - - - - - 3,699.30 - - - - - - - - - - - 1,233.10 - - - 4,932.40A-216 2,626.00$ 9/30/16 - 4,989.40 - - - - - - - - - - - 4,573.62 - - - - - - - - - - 9,563.02A-301 2,742.00$ 5/1/16 - - - - - - - - - 5,209.80 - - - - - - - - - - - 1,302.45 - - 6,512.25A-302 2,360.00$ 9/12/16 - 4,484.00 - - - - - - - - - - - 4,110.33 - - - - - - - - - - 8,594.33A-303 2,061.00$ 9/30/16 - 3,915.90 - - - - - - - - - - - 3,589.58 - - - - - - - - - - 7,505.48A-304 2,582.00$ 3/31/17 - - - - - - - 4,905.80 - - - - - - - - - - - 2,044.08 - - - - 6,949.88A-305 2,743.00$ 11/5/16 - - - 5,211.70 - - - - - - - - - - - 3,908.78 - - - - - - - - 9,120.48A-306 2,308.00$ 7/31/16 - - - - - - - - - - - 4,385.20 - - - - - - - - - - - 365.43 4,750.63A-307 2,446.00$ 5/31/16 - - - - - - - - - 4,647.40 - - - - - - - - - - - 1,161.85 - - 5,809.25A-308 2,103.00$ 6/30/16 - - - - - - - - - - 3,995.70 - - - - - - - - - - - 665.95 - 4,661.65A-309 2,826.00$ 7/7/16 - - - - - - - - - - - 5,369.40 - - - - - - - - - - - 447.45 5,816.85A-310 2,160.00$ 4/8/17 - - - - - - - - 4,104.00 - - - - - - - - - - - 1,368.00 - - - 5,472.00A-311 2,080.00$ 9/30/15 - 3,952.00 - - - - - - - - - - - 3,622.67 - - - - - - - - - - 7,574.67A-312 2,733.00$ 11/3/16 - - - 5,192.70 - - - - - - - - - - - 3,894.53 - - - - - - - - 9,087.23A-313 2,147.00$ 2/7/17 - - - - - - 4,079.30 - - - - - - - - - - - 2,039.65 - - - - - 6,118.95A-314 1,996.00$ 9/30/16 - 3,792.40 - - - - - - - - - - - 3,476.37 - - - - - - - - - - 7,268.77A-315 2,174.00$ 5/31/16 - - - - - - - - - 4,130.60 - - - - - - - - - - - 1,032.65 - - 5,163.25A-316 2,578.00$ 4/30/16 - - - - - - - - 4,898.20 - - - - - - - - - - - 1,632.73 - - - 6,530.93B-101 2,158.00$ 3/20/16 - - - - - - - 4,100.20 - - - - - - - - - - - 1,708.42 - - - - 5,808.62B-102 2,676.00$ 10/24/16 - - 5,084.40 - - - - - - - - - - - 4,237.00 - - - - - - - - - 9,321.40B-103 2,151.00$ 7/24/16 - - - - - - - - - - - 4,086.90 - - - - - - - - - - - 340.58 4,427.48B-104 2,486.00$ 8/31/16 4,723.40 - - - - - - - - - - - 4,723.40 - - - - - - - - - - - 9,446.80B-105 2,308.00$ 6/30/16 - - - - - - - - - - 4,385.20 - - - - - - - - - - - 730.87 - 5,116.07B-106 2,807.00$ 5/1/16 - - - - - - - - - 5,333.30 - - - - - - - - - - - 1,333.33 - - 6,666.63B-107 3,120.00$ 8/31/16 5,928.00 - - - - - - - - - - - 5,928.00 - - - - - - - - - - - 11,856.00

WNC-GA 000022

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalB-108 2,387.00$ 3/18/17 - - - - - - - 4,535.30 - - - - - - - - - - - 1,889.71 - - - - 6,425.01B-109 2,589.00$ 2/18/17 - - - - - - 4,919.10 - - - - - - - - - - - 2,459.55 - - - - - 7,378.65B-110 2,681.00$ 9/30/16 - 5,093.90 - - - - - - - - - - - 4,669.41 - - - - - - - - - - 9,763.31B-111 2,265.00$ 5/1/16 - - - - - - - - - 4,303.50 - - - - - - - - - - - 1,075.88 - - 5,379.38B-112 2,331.00$ 5/31/16 - - - - - - - - - 4,428.90 - - - - - - - - - - - 1,107.23 - - 5,536.13B-113 2,808.00$ 10/26/16 - - 5,335.20 - - - - - - - - - - - 4,446.00 - - - - - - - - - 9,781.20B-114 1,889.00$ 7/31/16 - - - - - - - - - - - 3,589.10 - - - - - - - - - - - 299.09 3,888.19B-115 2,698.00$ 4/21/17 - - - - - - - - 5,126.20 - - - - - - - - - - - 1,708.73 - - - 6,834.93B-116 2,853.00$ 8/13/16 5,420.70 - - - - - - - - - - - 5,420.70 - - - - - - - - - - - 10,841.40B-117 2,273.00$ 4/3/17 - - - - - - - - 4,318.70 - - - - - - - - - - - 1,439.57 - - - 5,758.27B-118 2,293.00$ 1/31/16 - - - - - 4,356.70 - - - - - - - - - - - 2,541.41 - - - - - - 6,898.11B-119 1,734.00$ 9/30/16 - 3,294.60 - - - - - - - - - - - 3,020.05 - - - - - - - - - - 6,314.65B-120 1,988.00$ 6/3/16 - - - - - - - - - - 3,777.20 - - - - - - - - - - - 629.53 - 4,406.73B-121 2,178.00$ 11/4/16 - - - 4,138.20 - - - - - - - - - - - 3,103.65 - - - - - - - - 7,241.85B-122 2,708.00$ 9/30/16 - 5,145.20 - - - - - - - - - - - 4,716.43 - - - - - - - - - - 9,861.63B-123 2,717.00$ 7/31/16 - - - - - - - - - - - 5,162.30 - - - - - - - - - - - 430.19 5,592.49B-124 3,151.00$ 9/30/16 - 5,986.90 - - - - - - - - - - - 5,487.99 - - - - - - - - - - 11,474.89B-125 2,055.00$ 9/30/16 - 3,904.50 - - - - - - - - - - - 3,579.13 - - - - - - - - - - 7,483.63B-126 2,213.00$ 8/16/16 4,204.70 - - - - - - - - - - - 4,204.70 - - - - - - - - - - - 8,409.40B-127 2,646.00$ 9/30/16 - 5,027.40 - - - - - - - - - - - 4,608.45 - - - - - - - - - - 9,635.85B-128 1,856.00$ 4/30/16 - - - - - - - - 3,526.40 - - - - - - - - - - - 1,175.47 - - - 4,701.87B-129 2,345.00$ 5/1/16 - - - - - - - - - 4,455.50 - - - - - - - - - - - 1,113.88 - - 5,569.38B-130 2,688.00$ 9/30/16 - 5,107.20 - - - - - - - - - - - 4,681.60 - - - - - - - - - - 9,788.80B-131 -$ 6/30/2012(MODEL) - - - - - - - - - - - - - - - - - - - - - - - - -B-132 2,583.00$ 6/30/16 - - - - - - - - - - 4,907.70 - - - - - - - - - - - 817.95 - 5,725.65B-133 2,733.00$ 8/4/16 5,192.70 - - - - - - - - - - - 5,192.70 - - - - - - - - - - - 10,385.40B-134 2,733.00$ 8/4/16 5,192.70 - - - - - - - - - - - 5,192.70 - - - - - - - - - - - 10,385.40B-135 2,403.00$ 8/31/16 4,565.70 - - - - - - - - - - - 4,565.70 - - - - - - - - - - - 9,131.40B-136 2,583.00$ 3/31/16 - - - - - - - 4,907.70 - - - - - - - - - - - 2,044.88 - - - - 6,952.58B-137 2,833.00$ 11/15/16 - - - 5,382.70 - - - - - - - - - - - 4,037.03 - - - - - - - - 9,419.73B-138 2,731.00$ 6/30/16 - - - - - - - - - - 5,188.90 - - - - - - - - - - - 864.82 - 6,053.72B-139 2,594.00$ 9/30/16 - 4,928.60 - - - - - - - - - - - 4,517.88 - - - - - - - - - - 9,446.48B-140 2,516.00$ 9/30/16 - 4,780.40 - - - - - - - - - - - 4,382.03 - - - - - - - - - - 9,162.43B-141 2,733.00$ 7/31/16 - - - - - - - - - - - 5,192.70 - - - - - - - - - - - 432.73 5,625.43B-142 2,578.00$ 8/31/15 4,898.20 - - - - - - - - - - - 4,898.20 - - - - - - - - - - - 9,796.40B-143 2,658.00$ 6/30/15 - - - - - - - - - - 5,050.20 - - - - - - - - - - - 841.70 - 5,891.90B-144 3,170.00$ 10/21/15 - - 6,023.00 - - - - - - - - - - - 5,019.17 - - - - - - - - - 11,042.17B-145 2,745.00$ 3/19/17 - - - - - - - 5,215.50 - - - - - - - - - - - 2,173.13 - - - - 7,388.63B-201 1,866.00$ 8/31/16 3,545.40 - - - - - - - - - - - 3,545.40 - - - - - - - - - - - 7,090.80B-202 2,663.00$ 7/11/16 - - - - - - - - - - - 5,059.70 - - - - - - - - - - - 421.64 5,481.34B-203 2,119.00$ 2/29/16 - - - - - - 4,026.10 - - - - - - - - - - - 2,013.05 - - - - - 6,039.15B-204 2,661.00$ 3/31/17 - - - - - - - 5,055.90 - - - - - - - - - - - 2,106.63 - - - - 7,162.53B-205 2,348.00$ 8/9/16 4,461.20 - - - - - - - - - - - 4,461.20 - - - - - - - - - - - 8,922.40B-206 2,561.00$ 7/31/16 - - - - - - - - - - - 4,865.90 - - - - - - - - - - - 405.49 5,271.39B-207 3,213.00$ 10/15/16 - - 6,104.70 - - - - - - - - - - - 5,087.25 - - - - - - - - - 11,191.95B-208 2,248.00$ 7/31/15 - - - - - - - - - - - 4,271.20 - - - - - - - - - - - 355.93 4,627.13B-209 2,623.00$ 6/19/16 - - - - - - - - - - 4,983.70 - - - - - - - - - - - 830.62 - 5,814.32B-210 2,591.00$ 8/31/15 4,922.90 - - - - - - - - - - - 4,922.90 - - - - - - - - - - - 9,845.80B-211 2,032.00$ 1/23/17 - - - - - 3,860.80 - - - - - - - - - - - 2,252.13 - - - - - - 6,112.93B-212 2,176.00$ 6/30/15 - - - - - - - - - - 4,134.40 - - - - - - - - - - - 689.07 - 4,823.47B-213 2,483.00$ 5/15/16 - - - - - - - - - 4,717.70 - - - - - - - - - - - 1,179.43 - - 5,897.13B-214 1,925.00$ 7/31/16 - - - - - - - - - - - 3,657.50 - - - - - - - - - - - 304.79 3,962.29B-215 2,573.00$ 6/30/16 - - - - - - - - - - 4,888.70 - - - - - - - - - - - 814.78 - 5,703.48B-216 2,741.00$ 2/28/17 - - - - - - 5,207.90 - - - - - - - - - - - 2,603.95 - - - - - 7,811.85B-217 2,390.00$ 8/26/16 4,541.00 - - - - - - - - - - - 4,541.00 - - - - - - - - - - - 9,082.00B-218 1,906.00$ 1/1/16 - - - - - 3,621.40 - - - - - - - - - - - 2,112.48 - - - - - - 5,733.88B-219 1,747.00$ 9/30/16 - 3,319.30 - - - - - - - - - - - 3,042.69 - - - - - - - - - - 6,361.99B-220 1,958.00$ 9/11/16 - 3,720.20 - - - - - - - - - - - 3,410.18 - - - - - - - - - - 7,130.38B-221 2,138.00$ 6/18/16 - - - - - - - - - - 4,062.20 - - - - - - - - - - - 677.03 - 4,739.23B-222 2,358.00$ 11/30/15 - - - 4,480.20 - - - - - - - - - - - 3,360.15 - - - - - - - - 7,840.35B-223 2,505.00$ 3/31/17 - - - - - - - 4,759.50 - - - - - - - - - - - 1,983.13 - - - - 6,742.63B-224 3,293.00$ 7/24/16 - - - - - - - - - - - 6,256.70 - - - - - - - - - - - 521.39 6,778.09B-225 2,372.00$ 4/13/17 - - - - - - - - 4,506.80 - - - - - - - - - - - 1,502.27 - - - 6,009.07B-226 1,897.00$ 7/31/16 - - - - - - - - - - - 3,604.30 - - - - - - - - - - - 300.36 3,904.66B-227 2,833.00$ 8/7/16 5,382.70 - - - - - - - - - - - 5,382.70 - - - - - - - - - - - 10,765.40B-228 1,937.00$ 1/3/17 - - - - - 3,680.30 - - - - - - - - - - - 2,146.84 - - - - - - 5,827.14

WNC-GA 000023

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalB-229 2,024.00$ 4/30/16 - - - - - - - - 3,845.60 - - - - - - - - - - - 1,281.87 - - - 5,127.47B-230 2,541.00$ 5/31/16 - - - - - - - - - 4,827.90 - - - - - - - - - - - 1,206.98 - - 6,034.88B-231 2,623.00$ 5/8/16 - - - - - - - - - 4,983.70 - - - - - - - - - - - 1,245.93 - - 6,229.63B-232 2,623.00$ 4/19/16 - - - - - - - - 4,983.70 - - - - - - - - - - - 1,661.23 - - - 6,644.93B-233 2,446.00$ 5/31/16 - - - - - - - - - 4,647.40 - - - - - - - - - - - 1,161.85 - - 5,809.25B-234 2,562.00$ 9/22/16 - 4,867.80 - - - - - - - - - - - 4,462.15 - - - - - - - - - - 9,329.95B-235 2,875.00$ 10/31/16 - - 5,462.50 - - - - - - - - - - - 4,552.08 - - - - - - - - - 10,014.58B-236 2,623.00$ 4/20/16 - - - - - - - - 4,983.70 - - - - - - - - - - - 1,661.23 - - - 6,644.93B-237 2,405.00$ 5/31/16 - - - - - - - - - 4,569.50 - - - - - - - - - - - 1,142.38 - - 5,711.88B-238 2,623.00$ 5/11/16 - - - - - - - - - 4,983.70 - - - - - - - - - - - 1,245.93 - - 6,229.63B-239 2,608.00$ 9/30/16 - 4,955.20 - - - - - - - - - - - 4,542.27 - - - - - - - - - - 9,497.47B-240 2,627.00$ 3/31/17 - - - - - - - 4,991.30 - - - - - - - - - - - 2,079.71 - - - - 7,071.01B-241 2,589.00$ 3/5/17 - - - - - - - 4,919.10 - - - - - - - - - - - 2,049.63 - - - - 6,968.73B-242 2,823.00$ 6/12/16 - - - - - - - - - - 5,363.70 - - - - - - - - - - - 893.95 - 6,257.65B-243 2,806.00$ 3/31/16 - - - - - - - 5,331.40 - - - - - - - - - - - 2,221.42 - - - - 7,552.82B-244 2,538.00$ 5/31/16 - - - - - - - - - 4,822.20 - - - - - - - - - - - 1,205.55 - - 6,027.75B-245 2,701.00$ 8/31/16 5,131.90 - - - - - - - - - - - 5,131.90 - - - - - - - - - - - 10,263.80B-301 2,443.00$ 8/31/16 4,641.70 - - - - - - - - - - - 4,641.70 - - - - - - - - - - - 9,283.40B-302 2,816.00$ 8/31/16 5,350.40 - - - - - - - - - - - 5,350.40 - - - - - - - - - - - 10,700.80B-303 2,186.00$ 5/31/16 - - - - - - - - - 4,153.40 - - - - - - - - - - - 1,038.35 - - 5,191.75B-304 2,918.00$ 7/7/16 - - - - - - - - - - - 5,544.20 - - - - - - - - - - - 462.02 6,006.22B-305 2,738.00$ 7/17/16 - - - - - - - - - - - 5,202.20 - - - - - - - - - - - 433.52 5,635.72B-306 2,783.00$ 5/8/16 - - - - - - - - - 5,287.70 - - - - - - - - - - - 1,321.93 - - 6,609.63B-307 3,233.00$ 8/16/16 6,142.70 - - - - - - - - - - - 6,142.70 - - - - - - - - - - - 12,285.40B-308 2,142.00$ 7/31/16 - - - - - - - - - - - 4,069.80 - - - - - - - - - - - 339.15 4,408.95B-309 2,884.00$ 3/31/17 - - - - - - - 5,479.60 - - - - - - - - - - - 2,283.17 - - - - 7,762.77B-310 2,938.00$ 6/7/16 - - - - - - - - - - 5,582.20 - - - - - - - - - - - 930.37 - 6,512.57B-311 2,316.00$ 6/30/16 - - - - - - - - - - 4,400.40 - - - - - - - - - - - 733.40 - 5,133.80B-312 2,544.00$ 3/27/17 - - - - - - - 4,833.60 - - - - - - - - - - - 2,014.00 - - - - 6,847.60B-313 2,768.00$ 6/30/16 - - - - - - - - - - 5,259.20 - - - - - - - - - - - 876.53 - 6,135.73B-314 2,186.00$ 11/30/15 - - - 4,153.40 - - - - - - - - - - - 3,115.05 - - - - - - - - 7,268.45B-315 3,001.00$ 3/31/17 - - - - - - - 5,701.90 - - - - - - - - - - - 2,375.79 - - - - 8,077.69B-316 3,023.00$ 6/26/16 - - - - - - - - - - 5,743.70 - - - - - - - - - - - 957.28 - 6,700.98B-317 2,170.00$ 5/31/16 - - - - - - - - - 4,123.00 - - - - - - - - - - - 1,030.75 - - 5,153.75B-318 2,341.00$ 10/31/15 - - 4,447.90 - - - - - - - - - - - 3,706.58 - - - - - - - - - 8,154.48B-319 2,293.00$ 8/21/16 4,356.70 - - - - - - - - - - - 4,356.70 - - - - - - - - - - - 8,713.40B-320 1,823.00$ 4/30/16 - - - - - - - - 3,463.70 - - - - - - - - - - - 1,154.57 - - - 4,618.27B-321 1,922.00$ 8/31/16 3,651.80 - - - - - - - - - - - 3,651.80 - - - - - - - - - - - 7,303.60B-322 1,708.00$ 4/30/16 - - - - - - - - 3,245.20 - - - - - - - - - - - 1,081.73 - - - 4,326.93B-323 2,783.00$ 11/24/16 - - - 5,287.70 - - - - - - - - - - - 3,965.78 - - - - - - - - 9,253.48B-324 2,007.00$ 10/31/15 - - 3,813.30 - - - - - - - - - - - 3,177.75 - - - - - - - - - 6,991.05B-325 2,701.00$ 11/30/16 - - - 5,131.90 - - - - - - - - - - - 3,848.93 - - - - - - - - 8,980.83B-326 3,103.00$ 7/31/16 - - - - - - - - - - - 5,895.70 - - - - - - - - - - - 491.31 6,387.01B-327 2,268.00$ 5/15/16 - - - - - - - - - 4,309.20 - - - - - - - - - - - 1,077.30 - - 5,386.50B-328 1,911.00$ 3/6/17 - - - - - - - 3,630.90 - - - - - - - - - - - 1,512.88 - - - - 5,143.78B-329 2,798.00$ 5/7/16 - - - - - - - - - 5,316.20 - - - - - - - - - - - 1,329.05 - - 6,645.25B-330 1,819.00$ 7/31/16 - - - - - - - - - - - 3,456.10 - - - - - - - - - - - 288.01 3,744.11B-331 2,218.00$ 3/31/16 - - - - - - - 4,214.20 - - - - - - - - - - - 1,755.92 - - - - 5,970.12B-332 2,702.00$ 8/31/16 5,133.80 - - - - - - - - - - - 5,133.80 - - - - - - - - - - - 10,267.60B-333 2,553.00$ 8/27/16 4,850.70 - - - - - - - - - - - 4,850.70 - - - - - - - - - - - 9,701.40B-334 2,776.00$ 4/30/16 - - - - - - - - 5,274.40 - - - - - - - - - - - 1,758.13 - - - 7,032.53B-335 2,993.00$ 2/18/17 - - - - - - 5,686.70 - - - - - - - - - - - 2,843.35 - - - - - 8,530.05B-336 2,804.00$ 1/25/17 - - - - - 5,327.60 - - - - - - - - - - - 3,107.77 - - - - - - 8,435.37B-337 3,022.00$ 3/31/17 - - - - - - - 5,741.80 - - - - - - - - - - - 2,392.42 - - - - 8,134.22B-338 2,911.00$ 3/31/17 - - - - - - - 5,530.90 - - - - - - - - - - - 2,304.54 - - - - 7,835.44B-339 2,753.00$ 31-Jul - - - - - - - - - - - 5,230.70 - - - - - - - - - - - 435.89 5,666.59B-340 3,003.00$ 7/30/16 - - - - - - - - - - - 5,705.70 - - - - - - - - - - - 475.48 6,181.18B-341 2,951.00$ 2/5/17 - - - - - - 5,606.90 - - - - - - - - - - - 2,803.45 - - - - - 8,410.35B-342 2,668.00$ 8/31/16 5,069.20 - - - - - - - - - - - 5,069.20 - - - - - - - - - - - 10,138.40B-343 2,968.00$ 4/30/16 - - - - - - - - 5,639.20 - - - - - - - - - - - 1,879.73 - - - 7,518.93B-344 2,798.00$ 10/15/16 - - 5,316.20 - - - - - - - - - - - 4,430.17 - - - - - - - - - 9,746.37B-345 2,633.00$ 4/30/16 - - - - - - - - 5,002.70 - - - - - - - - - - - 1,667.57 - - - 6,670.27B-346 2,783.00$ 3/31/17 - - - - - - - 5,287.70 - - - - - - - - - - - 2,203.21 - - - - 7,490.91B-347 -$ 8/4/11(Manager) - - - - - - - - - - - - - - - - - - - - - - - - -B-348 2,578.00$ 9/30/16 - 4,898.20 - - - - - - - - - - - 4,490.02 - - - - - - - - - - 9,388.22Total 110,973.30 107,612.20 41,587.20 43,340.90 - 33,071.40 38,252.70 110,524.90 75,196.30 102,164.90 76,165.30 104,976.90 110,973.30 98,644.52 34,656.00 32,505.68 - 19,291.65 19,126.35 46,052.04 25,065.43 25,541.23 12,694.22 8,748.08 1,277,164.48

WNC-GA 000024

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Total

RELOCATIONCONCESSIONS

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 CountA-101 2,338.00$ x 1A-102 2,189.00$ x 1A-103 2,128.00$ x 1A-104 2,378.00$ x 1A-105 2,213.00$ x 1A-106 2,380.00$ x 1A-107 2,486.00$ x 1A-108 2,001.00$ x 1A-109 2,094.00$ x 1A-110 2,310.00$ x 1A-111 2,343.00$ x 1A-112 2,021.00$ x 1A-201 2,653.00$ x 1A-202 2,643.00$ x 1A-203 2,090.00$ x 1A-204 1,929.00$ x 1A-205 2,613.00$ x 1A-206 2,235.00$ x 1A-207 1,964.00$ x 1A-208 1,919.00$ x 1A-209 2,308.00$ x 1A-210 2,387.00$ x 1A-211 2,064.00$ x 1A-212 2,384.00$ x 1A-213 2,296.00$ x 1A-214 2,265.00$ x 1A-215 1,947.00$ x 1A-216 2,626.00$ x 1A-301 2,742.00$ x 1A-302 2,360.00$ x 1A-303 2,061.00$ x 1A-304 2,582.00$ x 1A-305 2,743.00$ x 1A-306 2,308.00$ x 1A-307 2,446.00$ x 1A-308 2,103.00$ x 1A-309 2,826.00$ x 1A-310 2,160.00$ x 1A-311 2,080.00$ x 1A-312 2,733.00$ x 1A-313 2,147.00$ x 1A-314 1,996.00$ x 1A-315 2,174.00$ x 1A-316 2,578.00$ x 1B-101 2,158.00$ x 1B-102 2,676.00$ x 1B-103 2,151.00$ x 1B-104 2,486.00$ x 1B-105 2,308.00$ x 1B-106 2,807.00$ x 1B-107 3,120.00$ x 1B-108 2,387.00$ x 1B-109 2,589.00$ x 1B-110 2,681.00$ x 1B-111 2,265.00$ x 1B-112 2,331.00$ x 1B-113 2,808.00$ x 1B-114 1,889.00$ x 1B-115 2,698.00$ x 1B-116 2,853.00$ x 1

WNC-GA 000025

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalB-117 2,273.00$ x 1B-118 2,293.00$ x 1B-119 1,734.00$ x 1B-120 1,988.00$ x 1B-121 2,178.00$ x 1B-122 2,708.00$ x 1B-123 2,717.00$ x 1B-124 3,151.00$ x 1B-125 2,055.00$ x 1B-126 2,213.00$ x 1B-127 2,646.00$ x 1B-128 1,856.00$ x 1B-129 2,345.00$ x 1B-130 2,688.00$ x 1B-131 -$ x 1B-132 2,583.00$ x 1B-133 2,733.00$ x 1B-134 2,733.00$ x 1B-135 2,403.00$ x 1B-136 2,583.00$ x 1B-137 2,833.00$ x 1B-138 2,731.00$ x 1B-139 2,594.00$ x 1B-140 2,516.00$ x 1B-141 2,733.00$ x 1B-142 2,578.00$ x 1B-143 2,658.00$ x 1B-144 3,170.00$ x 1B-145 2,745.00$ x 1B-201 1,866.00$ x 1B-202 2,663.00$ x 1B-203 2,119.00$ x 1B-204 2,661.00$ x 1B-205 2,348.00$ x 1B-206 2,561.00$ x 1B-207 3,213.00$ x 1B-208 2,248.00$ x 1B-209 2,623.00$ x 1B-210 2,591.00$ x 1B-211 2,032.00$ x 1B-212 2,176.00$ x 1B-213 2,483.00$ x 1B-214 1,925.00$ x 1B-215 2,573.00$ x 1B-216 2,741.00$ x 1B-217 2,390.00$ x 1B-218 1,906.00$ x 1B-219 1,747.00$ x 1B-220 1,958.00$ x 1B-221 2,138.00$ x 1B-222 2,358.00$ x 1B-223 2,505.00$ x 1B-224 3,293.00$ x 1B-225 2,372.00$ x 1B-226 1,897.00$ x 1B-227 2,833.00$ x 1B-228 1,937.00$ x 1B-229 2,024.00$ x 1B-230 2,541.00$ x 1B-231 2,623.00$ x 1B-232 2,623.00$ x 1B-233 2,446.00$ x 1B-234 2,562.00$ x 1B-235 2,875.00$ x 1B-236 2,623.00$ x 1B-237 2,405.00$ x 1

WNC-GA 000026

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalB-238 2,623.00$ x 1B-239 2,608.00$ x 1B-240 2,627.00$ x 1B-241 2,589.00$ x 1B-242 2,823.00$ x 1B-243 2,806.00$ x 1B-244 2,538.00$ x 1B-245 2,701.00$ x 1B-301 2,443.00$ x 1B-302 2,816.00$ x 1B-303 2,186.00$ x 1B-304 2,918.00$ x 1B-305 2,738.00$ x 1B-306 2,783.00$ x 1B-307 3,233.00$ x 1B-308 2,142.00$ x 1B-309 2,884.00$ x 1B-310 2,938.00$ x 1B-311 2,316.00$ x 1B-312 2,544.00$ x 1B-313 2,768.00$ x 1B-314 2,186.00$ x 1B-315 3,001.00$ x 1B-316 3,023.00$ x 1B-317 2,170.00$ x 1B-318 2,341.00$ x 1B-319 2,293.00$ x 1B-320 1,823.00$ x 1B-321 1,922.00$ x 1B-322 1,708.00$ x 1B-323 2,783.00$ x 1B-324 2,007.00$ x 1B-325 2,701.00$ x 1B-326 3,103.00$ x 1B-327 2,268.00$ x 1B-328 1,911.00$ x 1B-329 2,798.00$ x 1B-330 1,819.00$ x 1B-331 2,218.00$ x 1B-332 2,702.00$ x 1B-333 2,553.00$ x 1B-334 2,776.00$ x 1B-335 2,993.00$ x 1B-336 2,804.00$ x 1B-337 3,022.00$ x 1B-338 2,911.00$ x 1B-339 2,753.00$ x 1B-340 3,003.00$ x 1B-341 2,951.00$ x 1B-342 2,668.00$ x 1B-343 2,968.00$ x 1B-344 2,798.00$ x 1B-345 2,633.00$ x 1B-346 2,783.00$ x 1B-347 -$ x 1B-348 2,578.00$ x 1NOTE:Scheduleoutlinedaboveisbasedontypicalrepairscheduleoftwoweeksperunit,with6unitsofflineatatime.

UnitNumber TotalCharges Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24 TotalA-101 2,338.00$ 1,110.55 - - - - - - - - - - - - - - - - - - - - - - - 1,110.55A-102 2,189.00$ 1,039.78 - - - - - - - - - - - - - - - - - - - - - - - 1,039.78A-103 2,128.00$ 1,010.80 - - - - - - - - - - - - - - - - - - - - - - - 1,010.80A-104 2,378.00$ 1,129.55 - - - - - - - - - - - - - - - - - - - - - - - 1,129.55A-105 2,213.00$ - 1,051.18 - - - - - - - - - - - - - - - - - - - - - - 1,051.18A-106 2,380.00$ - 1,130.50 - - - - - - - - - - - - - - - - - - - - - - 1,130.50

WNC-GA 000027

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalA-107 2,486.00$ - 1,180.85 - - - - - - - - - - - - - - - - - - - - - - 1,180.85A-108 2,001.00$ - 950.48 - - - - - - - - - - - - - - - - - - - - - - 950.48A-109 2,094.00$ - - 994.65 - - - - - - - - - - - - - - - - - - - - - 994.65A-110 2,310.00$ - - 1,097.25 - - - - - - - - - - - - - - - - - - - - - 1,097.25A-111 2,343.00$ - - 1,112.93 - - - - - - - - - - - - - - - - - - - - - 1,112.93A-112 2,021.00$ - - 959.98 - - - - - - - - - - - - - - - - - - - - - 959.98A-201 2,653.00$ 1,260.18 - - - - - - - - - - - - - - - - - - - - - - - 1,260.18A-202 2,643.00$ 1,255.43 - - - - - - - - - - - - - - - - - - - - - - - 1,255.43A-203 2,090.00$ 992.75 - - - - - - - - - - - - - - - - - - - - - - - 992.75A-204 1,929.00$ 916.28 - - - - - - - - - - - - - - - - - - - - - - - 916.28A-205 2,613.00$ - 1,241.18 - - - - - - - - - - - - - - - - - - - - - - 1,241.18A-206 2,235.00$ - 1,061.63 - - - - - - - - - - - - - - - - - - - - - - 1,061.63A-207 1,964.00$ - 932.90 - - - - - - - - - - - - - - - - - - - - - - 932.90A-208 1,919.00$ - 911.53 - - - - - - - - - - - - - - - - - - - - - - 911.53A-209 2,308.00$ - - 1,096.30 - - - - - - - - - - - - - - - - - - - - - 1,096.30A-210 2,387.00$ - - 1,133.83 - - - - - - - - - - - - - - - - - - - - - 1,133.83A-211 2,064.00$ - - 980.40 - - - - - - - - - - - - - - - - - - - - - 980.40A-212 2,384.00$ - - 1,132.40 - - - - - - - - - - - - - - - - - - - - - 1,132.40A-213 2,296.00$ - - - 1,090.60 - - - - - - - - - - - - - - - - - - - - 1,090.60A-214 2,265.00$ - - - 1,075.88 - - - - - - - - - - - - - - - - - - - - 1,075.88A-215 1,947.00$ - - - - 924.83 - - - - - - - - - - - - - - - - - - - 924.83A-216 2,626.00$ - - - - 1,247.35 - - - - - - - - - - - - - - - - - - - 1,247.35A-301 2,742.00$ 1,302.45 - - - - - - - - - - - - - - - - - - - - - - - 1,302.45A-302 2,360.00$ 1,121.00 - - - - - - - - - - - - - - - - - - - - - - - 1,121.00A-303 2,061.00$ 978.98 - - - - - - - - - - - - - - - - - - - - - - - 978.98A-304 2,582.00$ 1,226.45 - - - - - - - - - - - - - - - - - - - - - - - 1,226.45A-305 2,743.00$ - 1,302.93 - - - - - - - - - - - - - - - - - - - - - - 1,302.93A-306 2,308.00$ - 1,096.30 - - - - - - - - - - - - - - - - - - - - - - 1,096.30A-307 2,446.00$ - 1,161.85 - - - - - - - - - - - - - - - - - - - - - - 1,161.85A-308 2,103.00$ - 998.93 - - - - - - - - - - - - - - - - - - - - - - 998.93A-309 2,826.00$ - - 1,342.35 - - - - - - - - - - - - - - - - - - - - - 1,342.35A-310 2,160.00$ - - 1,026.00 - - - - - - - - - - - - - - - - - - - - - 1,026.00A-311 2,080.00$ - - 988.00 - - - - - - - - - - - - - - - - - - - - - 988.00A-312 2,733.00$ - - 1,298.18 - - - - - - - - - - - - - - - - - - - - - 1,298.18A-313 2,147.00$ - - - 1,019.83 - - - - - - - - - - - - - - - - - - - - 1,019.83A-314 1,996.00$ - - - 948.10 - - - - - - - - - - - - - - - - - - - - 948.10A-315 2,174.00$ - - - - 1,032.65 - - - - - - - - - - - - - - - - - - - 1,032.65A-316 2,578.00$ - - - - 1,224.55 - - - - - - - - - - - - - - - - - - - 1,224.55B-101 2,158.00$ - - - - - 1,025.05 - - - - - - - - - - - - - - - - - - 1,025.05B-102 2,676.00$ - - - - - 1,271.10 - - - - - - - - - - - - - - - - - - 1,271.10B-103 2,151.00$ - - - - - 1,021.73 - - - - - - - - - - - - - - - - - - 1,021.73B-104 2,486.00$ - - - - - 1,180.85 - - - - - - - - - - - - - - - - - - 1,180.85B-105 2,308.00$ - - - - - - 1,096.30 - - - - - - - - - - - - - - - - - 1,096.30B-106 2,807.00$ - - - - - - 1,333.33 - - - - - - - - - - - - - - - - - 1,333.33B-107 3,120.00$ - - - - - - 1,482.00 - - - - - - - - - - - - - - - - - 1,482.00B-108 2,387.00$ - - - - - - 1,133.83 - - - - - - - - - - - - - - - - - 1,133.83B-109 2,589.00$ - - - - - - - 1,229.78 - - - - - - - - - - - - - - - - 1,229.78B-110 2,681.00$ - - - - - - - 1,273.48 - - - - - - - - - - - - - - - - 1,273.48B-111 2,265.00$ - - - - - - - 1,075.88 - - - - - - - - - - - - - - - - 1,075.88B-112 2,331.00$ - - - - - - - 1,107.23 - - - - - - - - - - - - - - - - 1,107.23B-113 2,808.00$ - - - - - - - - 1,333.80 - - - - - - - - - - - - - - - 1,333.80B-114 1,889.00$ - - - - - - - - 897.28 - - - - - - - - - - - - - - - 897.28B-115 2,698.00$ - - - - - - - - 1,281.55 - - - - - - - - - - - - - - - 1,281.55B-116 2,853.00$ - - - - - - - - 1,355.18 - - - - - - - - - - - - - - - 1,355.18B-117 2,273.00$ - - - - - - - - - 1,079.68 - - - - - - - - - - - - - - 1,079.68B-118 2,293.00$ - - - - - - - - - 1,089.18 - - - - - - - - - - - - - - 1,089.18B-119 1,734.00$ - - - - - - - - - 823.65 - - - - - - - - - - - - - - 823.65B-120 1,988.00$ - - - - - - - - - 944.30 - - - - - - - - - - - - - - 944.30B-121 2,178.00$ - - - - - - - - - - 1,034.55 - - - - - - - - - - - - - 1,034.55B-122 2,708.00$ - - - - - - - - - - 1,286.30 - - - - - - - - - - - - - 1,286.30B-123 2,717.00$ - - - - - - - - - - 1,290.58 - - - - - - - - - - - - - 1,290.58B-124 3,151.00$ - - - - - - - - - - 1,496.73 - - - - - - - - - - - - - 1,496.73B-125 2,055.00$ - - - - - - - - - - - 976.13 - - - - - - - - - - - - 976.13B-126 2,213.00$ - - - - - - - - - - - 1,051.18 - - - - - - - - - - - - 1,051.18B-127 2,646.00$ - - - - - - - - - - - 1,256.85 - - - - - - - - - - - - 1,256.85B-128 1,856.00$ - - - - - - - - - - - 881.60 - - - - - - - - - - - - 881.60

WNC-GA 000028

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalB-129 2,345.00$ - - - - - - - - - - - - 1,113.88 - - - - - - - - - - - 1,113.88B-130 2,688.00$ - - - - - - - - - - - - 1,276.80 - - - - - - - - - - - 1,276.80B-131 -$ - - - - - - - - - - - - - - - - - - - - - - - - -B-132 2,583.00$ - - - - - - - - - - - - 1,226.93 - - - - - - - - - - - 1,226.93B-133 2,733.00$ - - - - - - - - - - - - - 1,298.18 - - - - - - - - - - 1,298.18B-134 2,733.00$ - - - - - - - - - - - - - 1,298.18 - - - - - - - - - - 1,298.18B-135 2,403.00$ - - - - - - - - - - - - - 1,141.43 - - - - - - - - - - 1,141.43B-136 2,583.00$ - - - - - - - - - - - - - 1,226.93 - - - - - - - - - - 1,226.93B-137 2,833.00$ - - - - - - - - - - - - - - 1,345.68 - - - - - - - - - 1,345.68B-138 2,731.00$ - - - - - - - - - - - - - - 1,297.23 - - - - - - - - - 1,297.23B-139 2,594.00$ - - - - - - - - - - - - - - 1,232.15 - - - - - - - - - 1,232.15B-140 2,516.00$ - - - - - - - - - - - - - - 1,195.10 - - - - - - - - - 1,195.10B-141 2,733.00$ - - - - - - - - - - - - - - - 1,298.18 - - - - - - - - 1,298.18B-142 2,578.00$ - - - - - - - - - - - - - - - 1,224.55 - - - - - - - - 1,224.55B-143 2,658.00$ - - - - - - - - - - - - - - - 1,262.55 - - - - - - - - 1,262.55B-144 3,170.00$ - - - - - - - - - - - - - - - 1,505.75 - - - - - - - - 1,505.75B-145 2,745.00$ - - - - - - - - - - - - - - - - 1,303.88 - - - - - - - 1,303.88B-201 1,866.00$ - - - - - 886.35 - - - - - - - - - - - - - - - - - - 886.35B-202 2,663.00$ - - - - - 1,264.93 - - - - - - - - - - - - - - - - - - 1,264.93B-203 2,119.00$ - - - - - 1,006.53 - - - - - - - - - - - - - - - - - - 1,006.53B-204 2,661.00$ - - - - - 1,263.98 - - - - - - - - - - - - - - - - - - 1,263.98B-205 2,348.00$ - - - - - - 1,115.30 - - - - - - - - - - - - - - - - - 1,115.30B-206 2,561.00$ - - - - - - 1,216.48 - - - - - - - - - - - - - - - - - 1,216.48B-207 3,213.00$ - - - - - - 1,526.18 - - - - - - - - - - - - - - - - - 1,526.18B-208 2,248.00$ - - - - - - 1,067.80 - - - - - - - - - - - - - - - - - 1,067.80B-209 2,623.00$ - - - - - - - 1,245.93 - - - - - - - - - - - - - - - - 1,245.93B-210 2,591.00$ - - - - - - - 1,230.73 - - - - - - - - - - - - - - - - 1,230.73B-211 2,032.00$ - - - - - - - 965.20 - - - - - - - - - - - - - - - - 965.20B-212 2,176.00$ - - - - - - - 1,033.60 - - - - - - - - - - - - - - - - 1,033.60B-213 2,483.00$ - - - - - - - - 1,179.43 - - - - - - - - - - - - - - - 1,179.43B-214 1,925.00$ - - - - - - - - 914.38 - - - - - - - - - - - - - - - 914.38B-215 2,573.00$ - - - - - - - - 1,222.18 - - - - - - - - - - - - - - - 1,222.18B-216 2,741.00$ - - - - - - - - 1,301.98 - - - - - - - - - - - - - - - 1,301.98B-217 2,390.00$ - - - - - - - - - 1,135.25 - - - - - - - - - - - - - - 1,135.25B-218 1,906.00$ - - - - - - - - - 905.35 - - - - - - - - - - - - - - 905.35B-219 1,747.00$ - - - - - - - - - 829.83 - - - - - - - - - - - - - - 829.83B-220 1,958.00$ - - - - - - - - - 930.05 - - - - - - - - - - - - - - 930.05B-221 2,138.00$ - - - - - - - - - - 1,015.55 - - - - - - - - - - - - - 1,015.55B-222 2,358.00$ - - - - - - - - - - 1,120.05 - - - - - - - - - - - - - 1,120.05B-223 2,505.00$ - - - - - - - - - - 1,189.88 - - - - - - - - - - - - - 1,189.88B-224 3,293.00$ - - - - - - - - - - 1,564.18 - - - - - - - - - - - - - 1,564.18B-225 2,372.00$ - - - - - - - - - - - 1,126.70 - - - - - - - - - - - - 1,126.70B-226 1,897.00$ - - - - - - - - - - - 901.08 - - - - - - - - - - - - 901.08B-227 2,833.00$ - - - - - - - - - - - 1,345.68 - - - - - - - - - - - - 1,345.68B-228 1,937.00$ - - - - - - - - - - - 920.08 - - - - - - - - - - - - 920.08B-229 2,024.00$ - - - - - - - - - - - - 961.40 - - - - - - - - - - - 961.40B-230 2,541.00$ - - - - - - - - - - - - 1,206.98 - - - - - - - - - - - 1,206.98B-231 2,623.00$ - - - - - - - - - - - - 1,245.93 - - - - - - - - - - - 1,245.93B-232 2,623.00$ - - - - - - - - - - - - 1,245.93 - - - - - - - - - - - 1,245.93B-233 2,446.00$ - - - - - - - - - - - - - 1,161.85 - - - - - - - - - - 1,161.85B-234 2,562.00$ - - - - - - - - - - - - - 1,216.95 - - - - - - - - - - 1,216.95B-235 2,875.00$ - - - - - - - - - - - - - 1,365.63 - - - - - - - - - - 1,365.63B-236 2,623.00$ - - - - - - - - - - - - - 1,245.93 - - - - - - - - - - 1,245.93B-237 2,405.00$ - - - - - - - - - - - - - - 1,142.38 - - - - - - - - - 1,142.38B-238 2,623.00$ - - - - - - - - - - - - - - 1,245.93 - - - - - - - - - 1,245.93B-239 2,608.00$ - - - - - - - - - - - - - - 1,238.80 - - - - - - - - - 1,238.80B-240 2,627.00$ - - - - - - - - - - - - - - 1,247.83 - - - - - - - - - 1,247.83B-241 2,589.00$ - - - - - - - - - - - - - - - 1,229.78 - - - - - - - - 1,229.78B-242 2,823.00$ - - - - - - - - - - - - - - - 1,340.93 - - - - - - - - 1,340.93B-243 2,806.00$ - - - - - - - - - - - - - - - 1,332.85 - - - - - - - - 1,332.85B-244 2,538.00$ - - - - - - - - - - - - - - - 1,205.55 - - - - - - - - 1,205.55B-245 2,701.00$ - - - - - - - - - - - - - - - - 1,282.98 - - - - - - - 1,282.98B-301 2,443.00$ - - - - - 1,160.43 - - - - - - - - - - - - - - - - - - 1,160.43B-302 2,816.00$ - - - - - 1,337.60 - - - - - - - - - - - - - - - - - - 1,337.60B-303 2,186.00$ - - - - - 1,038.35 - - - - - - - - - - - - - - - - - - 1,038.35B-304 2,918.00$ - - - - - 1,386.05 - - - - - - - - - - - - - - - - - - 1,386.05

WNC-GA 000029

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Month13 Month14 Month15 Month16 Month17 Month18 Month19 Month20 Month21 Month22 Month23 Month24UnitNumber TotalCharges LeaseExpiration Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 TotalB-305 2,738.00$ - - - - - - 1,300.55 - - - - - - - - - - - - - - - - - 1,300.55B-306 2,783.00$ - - - - - - 1,321.93 - - - - - - - - - - - - - - - - - 1,321.93B-307 3,233.00$ - - - - - - 1,535.68 - - - - - - - - - - - - - - - - - 1,535.68B-308 2,142.00$ - - - - - - 1,017.45 - - - - - - - - - - - - - - - - - 1,017.45B-309 2,884.00$ - - - - - - - 1,369.90 - - - - - - - - - - - - - - - - 1,369.90B-310 2,938.00$ - - - - - - - 1,395.55 - - - - - - - - - - - - - - - - 1,395.55B-311 2,316.00$ - - - - - - - 1,100.10 - - - - - - - - - - - - - - - - 1,100.10B-312 2,544.00$ - - - - - - - 1,208.40 - - - - - - - - - - - - - - - - 1,208.40B-313 2,768.00$ - - - - - - - - 1,314.80 - - - - - - - - - - - - - - - 1,314.80B-314 2,186.00$ - - - - - - - - 1,038.35 - - - - - - - - - - - - - - - 1,038.35B-315 3,001.00$ - - - - - - - - 1,425.48 - - - - - - - - - - - - - - - 1,425.48B-316 3,023.00$ - - - - - - - - 1,435.93 - - - - - - - - - - - - - - - 1,435.93B-317 2,170.00$ - - - - - - - - - 1,030.75 - - - - - - - - - - - - - - 1,030.75B-318 2,341.00$ - - - - - - - - - 1,111.98 - - - - - - - - - - - - - - 1,111.98B-319 2,293.00$ - - - - - - - - - 1,089.18 - - - - - - - - - - - - - - 1,089.18B-320 1,823.00$ - - - - - - - - - 865.93 - - - - - - - - - - - - - - 865.93B-321 1,922.00$ - - - - - - - - - - 912.95 - - - - - - - - - - - - - 912.95B-322 1,708.00$ - - - - - - - - - - 811.30 - - - - - - - - - - - - - 811.30B-323 2,783.00$ - - - - - - - - - - 1,321.93 - - - - - - - - - - - - - 1,321.93B-324 2,007.00$ - - - - - - - - - - 953.33 - - - - - - - - - - - - - 953.33B-325 2,701.00$ - - - - - - - - - - - 1,282.98 - - - - - - - - - - - - 1,282.98B-326 3,103.00$ - - - - - - - - - - - 1,473.93 - - - - - - - - - - - - 1,473.93B-327 2,268.00$ - - - - - - - - - - - 1,077.30 - - - - - - - - - - - - 1,077.30B-328 1,911.00$ - - - - - - - - - - - 907.73 - - - - - - - - - - - - 907.73B-329 2,798.00$ - - - - - - - - - - - - 1,329.05 - - - - - - - - - - - 1,329.05B-330 1,819.00$ - - - - - - - - - - - - 864.03 - - - - - - - - - - - 864.03B-331 2,218.00$ - - - - - - - - - - - - 1,053.55 - - - - - - - - - - - 1,053.55B-332 2,702.00$ - - - - - - - - - - - - 1,283.45 - - - - - - - - - - - 1,283.45B-333 2,553.00$ - - - - - - - - - - - - - 1,212.68 - - - - - - - - - - 1,212.68B-334 2,776.00$ - - - - - - - - - - - - - 1,318.60 - - - - - - - - - - 1,318.60B-335 2,993.00$ - - - - - - - - - - - - - 1,421.68 - - - - - - - - - - 1,421.68B-336 2,804.00$ - - - - - - - - - - - - - 1,331.90 - - - - - - - - - - 1,331.90B-337 3,022.00$ - - - - - - - - - - - - - - 1,435.45 - - - - - - - - - 1,435.45B-338 2,911.00$ - - - - - - - - - - - - - - 1,382.73 - - - - - - - - - 1,382.73B-339 2,753.00$ - - - - - - - - - - - - - - 1,307.68 - - - - - - - - - 1,307.68B-340 3,003.00$ - - - - - - - - - - - - - - 1,426.43 - - - - - - - - - 1,426.43B-341 2,951.00$ - - - - - - - - - - - - - - - 1,401.73 - - - - - - - - 1,401.73B-342 2,668.00$ - - - - - - - - - - - - - - - 1,267.30 - - - - - - - - 1,267.30B-343 2,968.00$ - - - - - - - - - - - - - - - 1,409.80 - - - - - - - - 1,409.80B-344 2,798.00$ - - - - - - - - - - - - - - - 1,329.05 - - - - - - - - 1,329.05B-345 2,633.00$ - - - - - - - - - - - - - - - - 1,250.68 - - - - - - - 1,250.68B-346 2,783.00$ - - - - - - - - - - - - - - - - 1,321.93 - - - - - - - 1,321.93B-347 -$ - - - - - - - - - - - - - - - - - - - - - - - - -B-348 2,578.00$ - - - - - - - - - - - - - - - - 1,224.55 - - - - - - - 1,224.55TotalRelocationConcessions 13,344.18 13,020.23 13,162.25 4,134.40 4,429.38 13,842.93 15,146.80 14,235.75 14,700.30 11,835.10 13,997.30 13,201.20 12,807.90 15,239.90 15,497.35 15,808.00 6,384.00 - - - - - - - 210,786.95

WNC-GA 000030

LostIncomeandAncillaryCostsScenario1-DefenseScopeofWork&Schedule

LostIncomeCalculationsLostRentfromIncreasedVacancyScheduledGrossRents(April)1 449,728$ScheduledGrossRentperUnit 2,471$HistoricalAvgVacancy 5%ModelRent 2,833$ManagerUnitRent 3,133$AverageEGI 421,276$

VacancyRateDuringConstruction 10%AverageEGIDuringConstruction 398,789$Deltaduetoconstruction (22,486)$ConstructionDuration 24months

LostRentfromIncreasedVacancy 539,674$

LostRentfromVacationUnitsNumberofVacationUnits 6ConstructionDuration 24monthsAverageRentperVacationUnit 2,471$

TotalRentforVacationUnits 355,829$

AncillaryCostsHotelRoomforOff-SiteVacationUnitAverageDailyRate2 160$ConstructionStartDate 8/1/16ConstructionCompleteDate 8/1/18TotalDaysRequired 730

TotalHotelCost 116,800$

TenantLiaisonPayrollLiaisonMonthlySalary 5,000$ConstructionDuration 24months

TotalLiaisonPayroll 120,000$

On-SiteSecurityExpense(onlyforconstructioninoccupiedunits)AverageSecurityGuardHourlyCost 16$SecurityGuardHoursperMonth 176

TotalSecurityExpense 67,584$

VacationUnitExpensesNumberofVacationUnits 6Furniture/Décor(one-time) 10,000$CleaningExpense(weekly)3 205$

TotalVacationUnitExpenses 178,080$

Notes:(1)Actualtotalrent+additionalfeesusedforoccupiedunits.Forvacantunits,usedmarketrent(2)Averagenightlyratefromwww.sanjose.org/hotels(3)Totalturnovercleaningexpense3/15-2/16($17,175)dividedbytotalmove-ins(84)

WNC-GA 000031

PlaintiffScopeofRepair-ConcessionsRebuttaltoChungTestimony

ChungAnalysis(DepositionofLucyChung,Ex.879)

BuildingA BuildingB TotalRentpermonthper4/26/16rentroll 94,001$ 335,102$ 429,103$Times:Numberofmonthsofvacancy 13 31Lostrentduringconstruction 1,222,013$ 10,388,162$ 11,610,175$

Concessionperunitpermonthduringconstructionofotherbuildingonproperty 94,001$ 335,102$ 429,103$Times:Numberofmonthsofconstructionofotherbuildingsonproperty 2 1Concessionduringconstructionofotherbuildingonproperty 188,002$ 335,102$ 523,104$

TotalLostRentandConcessions 1,410,015$ 10,723,264$ 12,133,279$

AssumptionsinChungAnalysis

VacancySchedule ConstructionConstruction

Delays LeaseUpNumberof

UnitsUnitsLeasedperMonth

BuildingA 10months 1months 2months 44 22BuildingB 22months 2months 7months 138 19.7

BuildingA BuildingBConcessions:numberoffreemonthsgiventoleaseup 2months 1months

WNC-GA 000032

RevisedPlaintiffDamagesAnalysisLostIncome

BuildingA BuildingB TotalMonthlyRentalIncome 94,001$ 335,102$ 429,103$Construction+ConstructionDelayDuration 11 24Lostrentduringconstruction 1,034,011$ 8,042,448$ 9,076,459$

UnitsLeasedUpperMonth 22 19.7LeaseUpDuration 2months 7monthsLostrentduringleaseupmonth:

1 47,001$ 287,230$2 -$ 239,359$3 191,487$4 143,615$5 95,743$6 47,872$7 -$

Totallostrentduringleaseup 47,001$ 1,005,306$

Totallostrentduringconstruction&leaseup 1,081,012$ 9,047,754$ 10,128,766$

OffsetfromReducedExpenses[Source:PLT041262-PLT041265] Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 AverageVariableOperatingExpenses 89,745$ 108,781$ 82,061$ 88,348$ 109,672$ 103,853$ 100,491$ 97,630$ 87,873$ 173,259$ 101,733$ 109,416$ 104,405$TaxesandInsurance -$ 170,723$ -$ -$ -$ -$ -$ 3,595$ -$ 171,796$ -$ 70,764$ 34,740$MaintenanceProjects 5,619$ 4,982$ 9,836$ 2,647$ 13,596$ 9,392$ 14,686$ 8,803$ 12,184$ 59,967$ 30,114$ 16,607$ 15,703$

TotalOperating&MaintenanceExpenses 95,364$ 284,486$ 91,897$ 90,995$ 123,268$ 113,245$ 115,177$ 110,028$ 100,057$ 405,022$ 131,847$ 196,787$ 154,848$

PercentofVariableOperatingExpensesdependentonoccupancy 50%PercentofMaintenanceProjectsdependentonoccupancy 100%

Averagemonthlyoperatingexpensesavings (52,203)$Averagemonthlymaintenanceprojectsexpensesavings (15,703)$

Totalmonthlyexpensesavings (67,905)$

BuildingAExpenseSavings (180,583)$BuildingBExpenseSavings (1,235,727)$

TotalExpenseSavings (1,416,311)$

WNC-GA 000033

OnePearlPlace-RentRollData

UnitNumber Beds Baths SF MarketRent Rent PetFee ParkingEmployeeCredit/Model TotalCharges

A-101 1 1 735 2,295.00 2,338.00 - - 2,338.00A-102 1 1 735 2,295.00 2,089.00 - 100.00 2,189.00A-103 1 1 685 2,235.00 2,128.00 - - 2,128.00A-104 1 1 778 2,260.00 2,378.00 - - 2,378.00A-105 1 1 778 2,320.00 2,213.00 - - 2,213.00A-106 1 1 714 2,295.00 2,330.00 50.00 - 2,380.00A-107 1 1 714 2,295.00 2,336.00 - 150.00 2,486.00A-108 1 1 714 2,295.00 2,001.00 - - 2,001.00A-109 1 1 714 2,295.00 1,994.00 - 100.00 2,094.00A-110 1 1 778 2,235.00 2,310.00 - - 2,310.00A-111 1 1 778 2,235.00 2,343.00 - - 2,343.00A-112 1 1 700 2,295.00 2,021.00 - - 2,021.00A-201 2 2 1050 2,742.00 2,528.00 50.00 75.00 2,653.00A-202 2 2 1050 2,742.00 2,643.00 - - 2,643.00A-203 1 1 778 2,235.00 2,090.00 - - 2,090.00A-204 1 1 778 2,260.00 1,929.00 - - 1,929.00A-205 2 2 1030 2,767.00 2,613.00 - - 2,613.00A-206 1 1 778 2,235.00 - - - -A-207 1 1 778 2,235.00 1,964.00 - - 1,964.00A-208 1 1 778 2,235.00 1,919.00 - - 1,919.00A-209 1 1 792 2,265.00 2,308.00 - - 2,308.00A-210 2 2 1078 2,762.00 2,387.00 - - 2,387.00A-211 1 1 778 2,235.00 2,064.00 - - 2,064.00A-212 1 1 778 2,265.00 2,384.00 - - 2,384.00A-213 1 1 778 2,265.00 2,296.00 - - 2,296.00A-214 1 1 778 2,265.00 - - - -A-215 1 1 778 2,290.00 1,912.00 35.00 - 1,947.00A-216 2 2 1030 2,742.00 2,591.00 35.00 - 2,626.00A-301 2 2 1030 2,742.00 - - - -A-302 1 1 800 2,260.00 2,310.00 50.00 - 2,360.00A-303 1 1 800 2,235.00 2,061.00 - - 2,061.00A-304 2 2 1050 2,742.00 2,412.00 35.00 135.00 2,582.00A-305 2 2 1050 2,742.00 2,743.00 - - 2,743.00A-306 1 1 778 2,265.00 2,158.00 - 150.00 2,308.00A-307 2 2 1030 2,742.00 2,296.00 - 150.00 2,446.00A-308 1 1 778 2,265.00 2,103.00 - - 2,103.00A-309 1 1 778 2,235.00 2,826.00 - - 2,826.00A-310 1 1 778 2,265.00 2,160.00 - - 2,160.00A-311 1 1 792 2,265.00 1,980.00 - 100.00 2,080.00A-312 2 2 1078 2,762.00 2,658.00 - 75.00 2,733.00A-313 1 1 778 2,235.00 2,147.00 - - 2,147.00A-314 1 1 778 2,295.00 1,996.00 - - 1,996.00A-315 1 1 778 2,285.00 2,139.00 35.00 - 2,174.00A-316 1 1 778 2,285.00 2,578.00 - - 2,578.00

TotalBuildingA 44 36487 104,510.00 92,676.00 290.00 1,035.00 - 94,001.00

UnitNumber Beds Baths SF MarketRent Rent PetFee ParkingEmployeeCredit TotalCharges

B-101 1 1 735 2,265.00 2,158.00 - - 2,158.00

Source:PLT024621

Source:PLT024621

Source:April2016Numbers(PLT-WDC08332)

Source:April2016Numbers(PLT-WDC08332)

BuildingA

BuildingB

WNC-GA 000034

UnitNumber Beds Baths SF MarketRent Rent PetFee ParkingEmployeeCredit TotalCharges

B-102 2 2 1030 2,807.00 2,676.00 - - 2,676.00B-103 1 1 735 2,265.00 2,151.00 - - 2,151.00B-104 2 2 1030 2,807.00 2,486.00 - - 2,486.00B-105 1 1 778 2,265.00 2,308.00 - - 2,308.00B-106 2 2 1030 2,807.00 - - - -B-107 3 2 1235 3,226.00 3,120.00 - - 3,120.00B-108 1 1 778 2,265.00 2,387.00 - - 2,387.00B-109 2 2 1050 2,772.00 2,539.00 50.00 - 2,589.00B-110 2 2 1050 2,772.00 2,631.00 - 50.00 2,681.00B-111 1 1 778 2,265.00 - - - -B-112 1 1 778 2,290.00 2,331.00 - - 2,331.00B-113 2 2 1030 2,807.00 2,808.00 - - 2,808.00B-114 1 1 778 2,290.00 1,889.00 - - 1,889.00B-115 2 2 1050 2,772.00 2,698.00 - - 2,698.00B-116 2 2 1050 2,792.00 2,853.00 - - 2,853.00B-117 1 1 778 2,310.00 2,273.00 - - 2,273.00B-118 1 1 778 2,310.00 2,293.00 - - 2,293.00B-119 Studio 1 557 2,113.00 1,734.00 - - 1,734.00B-120 Studio 1 557 2,093.00 1,988.00 - - 1,988.00B-121 Studio 1 557 2,118.00 2,178.00 - - 2,178.00B-122 2 2 1030 2,807.00 2,708.00 - - 2,708.00B-123 2 2 1030 2,827.00 2,717.00 - - 2,717.00B-124 3 2 1235 3,256.00 3,151.00 - - 3,151.00B-125 1 1 778 2,295.00 2,055.00 - - 2,055.00B-126 Studio 1 557 2,118.00 2,213.00 - - 2,213.00B-127 2 2 1078 2,802.00 2,646.00 - - 2,646.00B-128 Studio 1 557 2,118.00 1,856.00 - - 1,856.00B-129 1 1 800 2,345.00 - - - -B-130 2 2 1050 2,807.00 2,688.00 - - 2,688.00B-131 2 2 1050 2,772.00 2,833.00 - - (2,833.00) -B-132 2 2 1050 2,772.00 2,583.00 - - 2,583.00B-133 2 2 1050 2,772.00 2,733.00 - - 2,733.00B-134 2 2 1050 2,772.00 2,733.00 - - 2,733.00B-135 2 2 1050 2,772.00 2,403.00 - - 2,403.00B-136 2 2 1050 2,772.00 2,583.00 - - 2,583.00B-137 2 2 1050 2,772.00 2,833.00 - - 2,833.00B-138 2 2 1050 2,772.00 2,731.00 - - 2,731.00B-139 2 2 1050 2,792.00 2,544.00 - 50.00 2,594.00B-140 2 2 1050 2,792.00 2,516.00 - - 2,516.00B-141 2 2 1050 2,772.00 2,733.00 - - 2,733.00B-142 2 2 1050 2,772.00 2,578.00 - - 2,578.00B-143 2 2 1050 2,772.00 2,658.00 - - 2,658.00B-144 2 2 1050 2,772.00 3,070.00 100.00 - 3,170.00B-145 2 2 1050 2,772.00 2,745.00 - - 2,745.00B-201 1 1 778 2,255.00 1,866.00 - - 1,866.00B-202 2 2 1030 2,762.00 2,663.00 - - 2,663.00B-203 1 1 778 2,255.00 2,119.00 - - 2,119.00B-204 2 2 1030 2,762.00 2,611.00 50.00 - 2,661.00B-205 1 1 778 2,255.00 2,298.00 50.00 - 2,348.00B-206 2 2 1030 2,762.00 2,561.00 - - 2,561.00B-207 3 2 1235 3,216.00 3,163.00 50.00 - 3,213.00B-208 1 1 778 2,255.00 2,248.00 - - 2,248.00B-209 2 2 1050 2,762.00 2,623.00 - - 2,623.00B-210 2 2 1050 2,762.00 2,591.00 - - 2,591.00B-211 1 1 778 2,255.00 2,032.00 - - 2,032.00B-212 1 1 778 2,280.00 2,176.00 - - 2,176.00

WNC-GA 000035

UnitNumber Beds Baths SF MarketRent Rent PetFee ParkingEmployeeCredit TotalCharges

B-213 2 2 1030 2,762.00 2,448.00 35.00 - 2,483.00B-214 1 1 778 2,280.00 1,925.00 - - 1,925.00B-215 2 2 1050 2,762.00 2,573.00 - - 2,573.00B-216 2 2 1050 2,782.00 2,741.00 - - 2,741.00B-217 1 1 778 2,300.00 2,390.00 - - 2,390.00B-218 1 1 778 2,300.00 1,906.00 - - 1,906.00B-219 Studio 1 557 2,103.00 1,747.00 - - 1,747.00B-220 Studio 1 557 2,083.00 1,958.00 - - 1,958.00B-221 Studio 1 557 2,108.00 2,138.00 - - 2,138.00B-222 2 2 1030 2,762.00 2,358.00 - - 2,358.00B-223 2 2 1030 2,782.00 2,505.00 - - 2,505.00B-224 3 2 1235 3,246.00 3,193.00 100.00 - 3,293.00B-225 1 1 778 2,285.00 2,322.00 50.00 - 2,372.00B-226 Studio 1 557 2,108.00 1,862.00 35.00 - 1,897.00B-227 2 2 1078 2,792.00 2,783.00 - 50.00 2,833.00B-228 Studio 1 557 2,108.00 1,887.00 50.00 - 1,937.00B-229 1 1 800 2,335.00 2,024.00 - - 2,024.00B-230 2 2 1030 2,762.00 2,506.00 35.00 - 2,541.00B-231 2 2 1050 2,762.00 2,623.00 - - 2,623.00B-232 2 2 1050 2,762.00 2,623.00 - - 2,623.00B-233 2 2 1050 2,762.00 2,446.00 - - 2,446.00B-234 2 2 1050 2,762.00 2,562.00 - - 2,562.00B-235 2 2 1050 2,762.00 2,690.00 - 185.00 2,875.00B-236 2 2 1050 2,762.00 2,623.00 - - 2,623.00B-237 2 2 1050 2,762.00 2,370.00 35.00 - 2,405.00B-238 2 2 1050 2,762.00 2,623.00 - - 2,623.00B-239 2 2 1050 2,762.00 2,608.00 - - 2,608.00B-240 2 2 1050 2,762.00 2,627.00 - - 2,627.00B-241 2 2 1050 2,762.00 2,464.00 50.00 75.00 2,589.00B-242 2 2 1050 2,762.00 2,723.00 100.00 - 2,823.00B-243 2 2 1050 2,762.00 2,696.00 35.00 75.00 2,806.00B-244 2 2 1050 2,762.00 2,488.00 - 50.00 2,538.00B-245 2 2 1050 2,762.00 2,701.00 - - 2,701.00B-301 1 1 778 2,300.00 2,443.00 - - 2,443.00B-302 2+Loft 2 1200 2,936.00 2,816.00 - - 2,816.00B-303 1 1 778 2,330.00 2,186.00 - - 2,186.00B-304 2+Loft 2 1165 2,936.00 2,883.00 35.00 - 2,918.00B-305 1 1 778 2,330.00 2,738.00 - - 2,738.00B-306 2+Loft 2 1200 2,936.00 2,783.00 - - 2,783.00B-307 3 2 1235 3,236.00 3,083.00 - 150.00 3,233.00B-308 1 1 800 2,275.00 2,142.00 - - 2,142.00B-309 2+Loft 2 1165 3,056.00 2,884.00 - - 2,884.00B-310 2+Loft 2 1165 3,056.00 2,903.00 35.00 - 2,938.00B-311 1 1 800 2,275.00 2,316.00 - - 2,316.00B-312 1 1 800 2,330.00 2,444.00 100.00 - 2,544.00B-313 2+Loft 2 1165 2,936.00 2,733.00 35.00 - 2,768.00B-314 1 1 800 2,330.00 2,186.00 - - 2,186.00B-315 2+Loft 2 1165 3,056.00 2,876.00 - 125.00 3,001.00B-316 2+Loft 2 1165 3,076.00 3,023.00 - - 3,023.00B-317 1 1 778 2,350.00 2,170.00 - - 2,170.00B-318 1 1 778 2,320.00 2,341.00 - - 2,341.00B-319 1 1 800 2,350.00 2,293.00 - - 2,293.00B-320 Studio 1 557 2,123.00 1,823.00 - - 1,823.00B-321 Studio 1 557 2,103.00 1,922.00 - - 1,922.00B-322 Studio 1 557 2,128.00 1,708.00 - - 1,708.00B-323 2 2 1030 2,782.00 2,783.00 - - 2,783.00

WNC-GA 000036

UnitNumber Beds Baths SF MarketRent Rent PetFee ParkingEmployeeCredit TotalCharges

B-324 1 1 778 2,350.00 2,007.00 - - 2,007.00B-325 2 2 1030 2,802.00 2,701.00 - - 2,701.00B-326 3 2 1235 3,266.00 3,103.00 - - 3,103.00B-327 1 1 778 2,325.00 2,268.00 - - 2,268.00B-328 Studio 1 557 2,128.00 1,911.00 - - 1,911.00B-329 2+Loft 2 1078 2,832.00 2,723.00 - 75.00 2,798.00B-330 Studio 1 557 2,128.00 1,819.00 - - 1,819.00B-331 1 1 778 2,375.00 2,218.00 - - 2,218.00B-332 2+Loft 2 1165 2,956.00 2,702.00 - - 2,702.00B-333 1+Loft 1 882 2,610.00 2,553.00 - - 2,553.00B-334 2+Loft 2 1200 3,076.00 2,776.00 - - 2,776.00B-335 2+Loft 2 1200 3,106.00 2,993.00 - - 2,993.00B-336 2+Loft 2 1200 3,076.00 2,804.00 - - 2,804.00B-337 2+Loft 2 1200 3,106.00 2,987.00 35.00 - 3,022.00B-338 2+Loft 2 1200 3,076.00 2,911.00 - - 2,911.00B-339 2+Loft 2 1200 3,086.00 2,753.00 - - 2,753.00B-340 2+Loft 2 1200 3,056.00 3,003.00 - - 3,003.00B-341 2+Loft 2 1200 3,086.00 2,951.00 - - 2,951.00B-342 2+Loft 2 1200 3,056.00 2,568.00 - 100.00 2,668.00B-343 2+Loft 2 1200 3,086.00 2,933.00 35.00 - 2,968.00B-344 2+Loft 2 1200 3,056.00 2,798.00 - - 2,798.00B-345 2+Loft 2 1200 3,086.00 2,598.00 35.00 - 2,633.00B-346 2+Loft 2 1200 3,056.00 2,783.00 - - 2,783.00B-347 2+Loft 2 1200 3,086.00 3,133.00 - - (3,133.00) -B-348 2 2 1050 2,782.00 2,528.00 - 50.00 2,578.00

BuildingBTotal 138 131984 365,275.00 338,898.00 1,135.00 1,035.00 (5,966.00) 335,102.00

WNC-GA 000037

CilkerApartmentsv.WesternNationalConstructionExpertFileofPaulHabibiDocumentsReliedUpon,June6,2016

DocumentTitle/Description BatesStart BatesEndCaseDocumentsWoodmontRealEstateDeposit WRES00001 WRES03082WoodmontRealEstate-CorrespondenceandAgreements PLT019609 PLT019656WoodmontRealEstate-CorrespondenceandNotes PLT019659 PLT019695OnePearlPlaceApartmentInformation PLT024616 PLT024625OnePearlPlaceInsuranceClaimNotes PLT024626 PLT024627Financialreports&rentrolls(redacted)-JulythroughSep2015 PLT033295 PLT033453VariousFinancialReportsandRentRolls PLT036719 PLT041325VariousFinancialReportsandRentRolls PLT032899 PLT033150AvelarFieldInvestigation&DefectAnalysisReport NOBATESDTScheduleandLocations PLT-RAA04675 PLT-RAA04680DTLocations PLT-RAA09609 PLT-RAA09621DTSchedule PLT-RAA19547 PLT-RAA19547

OtherExpertFilesChungExpertFile PLT-WDC00001 PLT-WDC08335SedwayExpertFile PLT-SC00001 PLT-SC10028BartholomewExpertFile WNC-BAI000001 WNC-BAI012667BartholomewSupplementalExpertFile WNC-BAI012668 WNC-BAI012935McCormickPhasingPlans&TypicalRepairSchedules N/AMahaneyExpertFile PLT-WJE00001 PLT-WJE36173

DepositionofLynnSedway,5/23/16(roughtranscript)andExhibits

DepositionofKelleyFein,1/29/16DepositionofRhondaSorochin,3/31/16DepositionofGerardoPadilla,1/28/16,andExhibits

DepositionofJamesMahaney,VolI,5/4/16andExhibits

DepositionsDepositionofLeeBartholomew,6/3/16andExhibitsDepositionofLucyChung,5/18/16,andExhibits

WNC-GA 000038

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DEFENDANT AND CROSS-COMPLAINANT WESTERN NATIONAL CONSTRUCTION'S NOTICE OFCOMPLIANCE WITH THE CASE MANAGEMENT ORDER RE: DEPOSIT OF EXPERT FILE

P:\DOCS\Western Nat.Cilker\Discovery\CMO Discovery Responses\WNC\Ntc.Prod.Habibi Expert File.Suppl.docx

PROOF OF SERVICE

I am employed in the County of Orange, State of California. I am over the age of 18 andnot a party to the within action. My business address is 1851 East First Street, 10th Floor, SantaAna, CA 92705-4052.

On June 10, 2016, I served the within document(s) described as:

DEFENDANT AND CROSS-COMPLAINANT WESTERN NATIONALCONSTRUCTION'S NOTICE OF COMPLIANCE WITH THE CASE MANAGEMENTORDER RE: DEPOSIT OF SUPPLEMENTAL EXPERT FILE

BY E-SERVICE: I electronically served the document(s) via Santa Clara CountySuperior Court's Electronic Filing System on the recipients designated on the transaction receiptlocated on the Santa Clara County Superior Court's Electronic Filing System website. [SeeTransaction Receipt on SCE Filing Website]

I declare under penalty of perjury under the laws of the State of California that theforegoing is true and correct.

Executed on June 10, 2016, at Santa Ana, California.

Sheila Ellis